FAG Bearings India today said its net profit rose by 61.15 per cent to Rs 22.4 crore for the quarter ended March 31, over the same period previous fiscal.
Net sales increased to Rs 235.9 crore for the March quarter, compared to Rs 182.6 crore for the same period last fiscal, FAG Bearings said in a filing to the BSE.
Shares of FAG Bearings today closed at Rs 590.90 on BSE, down 3.05 per cent from its previous close.