BUSINESS

Lakshmi Auto's income rises

Lakshmi Auto Components has increased its total income to Rs. 36.38 crores in the three months ended December 31, 2002 from Rs. 25.54 crores and the profit before taxation has risen to Rs. 9.53 crores from Rs. 6.04 crores in the same period in the previous year. After providing for taxation including deferred tax the net profit stood at Rs. 5.73 crores against Rs. 3.87 crores.

In the nine months ended December 31, 2002 the total turnover was Rs. 101.44 crores and the net profit after tax Rs. 15.25 crores against Rs. 67.69 crores and Rs. 7.94 crores respectively in the same period in the previous year.

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