DSIJ Mindshare

 The PAT for the quarter came in at Rs. 66.1 crore, yoy increase of 27.1 per cent. This was partly led by 18 per cent yoy decline in interest expenses.

Precision Camshafts has won fresh contracts from major OEMs. The top order is from Ford for 1.5 million fully machined camshafts. The supply will start from January 2019.

Aeris Agro posted mix performance for Q3FY18. The revenue for the quarter rose but margins over the quarter declined substantially.

Britannia’s consolidated revenue for the quarter came in at Rs. 2,567.48 crore, registering 9 per cent yoy increase.

The Index of Industrial Production (IIP) grew at 7.1 per cent in December 2017 compared to 2.4 per cent in December 2016, which was affected by demonetization drive. The growth in industrial output was supported by rise in manufacturing and capital goods production.