Vadodara-based Munjal Auto Industries Limited, engaged in the business of manufacturing auto components, has reported 78 per cent increase in profit of Rs 44.31 crore for the year ended March 31, 2012 compared to a profit of Rs 24.86 for the year ended March 31, 2011.
Net sales for the year ended March 31, 2012 posted 30 per cent increase of Rs 675.89 crore as against Rs 519.88 crore of the corresponding year.
