Pricol Limited Released Financial Results Ended 30th September 2015

Coimbatore, India, November 11, 2015 --(PR.com)-- Pricol limited released its financial results on 5th November, 2015 for the quarter ended September 2015. Income increased 6.69% from 230.1 crores to 245.5 crores against previous quarter of 30th June 2015 and 3.55% increased from 237.53 crores to 245.5 crores against the previous year quarter of 30th September 2014. Sales rose to 3.97% from 224.75 crores to 233.67 crores against 30th September 2014.

Pricol also published half yearly results ended 30th September 2015. Income rose 1.47% from 468.69 crores to 475.60 crores against previous year ended 30th September 2014. Sales increased 2% from 442.29 crores to 451.14 crores against previous year ended 30th September 2014.

Net profit increased 69% from 1.64 crores to 2.77 crores against previous quarter ended 30th June 2015. But decreased 71% from 9.55 crores to 2.77 crores against previous year quarter of 30th September 2014. As Pricol continues in this run rate, it will smoothly cross the 900 crores income by FY 2015-2016; but it hopes to do more than 1000 crores sales, as it starting getting more business from third 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 automotive OEMs of two wheelers, four wheelers, commercial vehicles, tractors, trucks, buses, and for vehicles in construction & Industrial segment, etc. Pricol also manufactures sintered components, telematics & infotainment products, fleet management systems and many more.

For more information visit : www.pricol.com