BUSINESS

IMPAL achieves higher net

India Motor Parts & Accessories has achieved a higher net profit of Rs. 2.29 crores in the second quarter ended September 30, 2003 against Rs. 2.09 crores in the same period in 2002-03. Net sales were higher at Rs. 47.72 crores against Rs. 43.96 crores. For the half-year ended September 30, net sales were Rs. 94.33 crores against Rs. 92.59 crores and the profit after tax was Rs. 4.44 crores against Rs. 4.49 crores.

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