Pricol Limited Appoints New Chief Financial Officer

Detroit, MI, August 12, 2015 --(PR.com)-- Pricol Limited, an automotive components manufacturers for leading OEMs based in Coimbatore India, announced the new Chief Financial Officer Mr S.Shrinivasan. The board of directors and audit committee meeting held on August 05, 2015. The outcome of the meeting is appointment of new Chief financial office Mr S.Shrinivasan and financial result updates for the period ended 30th June, 2015.

Pricol Limited updated NSE and BSE that Mr S.Shrinivasan, newly appointed Chief financial officer will take the charge from September 01, 2015. As per the financial statement released to NSE and BSE for the period ended 30th June, 2015, Pricol limited has posted the revenue of INR 217.46 Crores and Operating Income of INR 12.63 Crores. Operating income has shown marginal increase of 0.10% from the previous quarter.

About Pricol Limited

Pricol Ltd is a flagship Tier 1 company, complete automobile accessories and automotive parts manufacturers and suppliers for Automotive OEMs. Pricol Ltd supplies auto components to leading brands of two wheelers, four wheelers, commercial vehicles, tractors, trucks, buses, and for vehicles in construction & Industrial segment, etc. Pricol also manufactures sintered components, products for fleet management solutions and many more.