Sona Koyo Steering's second-quarter net profit falls 22% year on year to USD1 million
Expects better results during second half
Sona Koyo Steering Systems reported a 22.3% year-over-year (y/y) decline in consolidated net profit to INR66.6 million (USD1 million) in the second quarter ended 30 September 2015, the company said in a filing to the Bombay Stock Exchange.
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