Jamna Auto Q1 net profit jumps 87.7% y/y to USD3.1m
One-time gain and improvement in cost efficiency drive company’s earnings despite decline in sales
India-based Jamna Auto has reported an 87.7% year-on-year (y/y) increase in net income to INR189.7m (USD3.1m, 30 June 2013) in the first quarter ended 30 June 2013 compared with INR101.1m (USD1.8m, 30 June 2012) during the same period a year ago, the company said in a regulatory filing.
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