Sona Koyo Steering’s FY 2015/16 net profit drops 2.4% y/y to USD5.6 million

News
Financial results

Sales down 2.1% y/y

Sona Koyo Steering Systems has reported a 2.2% year-on-year (y/y) decline in consolidated net profit to INR370.5 million (USD5.6 million) for the financial year ended 31 March 2016, the company said in a filing to the Bombay Stock Exchange.

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