India Motor Parts & Accessories has reported 12.13 per cent rise in its net profit after tax at Rs. 7.21 crore for the first quarter ended June 30, 2014, against Rs. 6.43 crore in the year ago period. The profit before tax rose by 17.99 per cent to Rs. 10.63 crore from 9.01 crore in the year-ago period largely as a result of increase in sales turnover by 10 per cent to Rs. 135.07 crore from Rs. 122.84 crore, the company said.