AIA Engineering today reported a 19.4 per cent rise in consolidated net profit at Rs 134.56 crore for the March quarter.
The company had posted net profit of Rs 112.68 crore in January-March quarter of 2014-15 fiscal, AIA Engineering said in a BSE filing.
The total income from operations, however, declined to Rs 591.96 crore during the quarter under review as against Rs 604.81 crore in the year-ago period.
Total expenditure declined to Rs 438.72 crore in the fourth quarter compared with Rs 465.36 crore in the same period a year ago.
AIA Engineering specialises in design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries.
