Mumbai-based ABC Bearings Ltd said its first quarter net profit rose to Rs5.9 crore from Rs2.4 crore in the same quarter a year ago.
In the June 2010 quarter, the company's total revenues increased to Rs49 crore from Rs30.4 crore a year ago.
On Friday, ABC Bearings shares rose 1.5% to Rs172 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.2% lower at 18,143 points.
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