Suprajit Engineering: Strong Connect
A second auto-ancillary company that has turned out good results, apart from GNA Axles, is Suprajit Engineering (Suprajit). While its net profit growth (up 90%) is misleading due to a huge rise in other income and sharp fall in tax provision, it is interesting to see that it has maintained its revenues and profit at levels of the same period last year and there has been only a 100bps (basis...
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