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CHENNAI: India Motor Parts and Accessories Ltd has reported a net profit of Rs 2.33 crore for the quarter ended December 2004, a slight increase over the Rs 2.23 crore clocked during the corresponding previous quarter.

The turnover increased to Rs 53.91 crore (Rs 49.90 crore).

For the nine months ended December 2004, the net profit stood at Rs 7.51 crore compared to Rs 6.66 crore during the same period last year and Rs 9.19 crore for the full 2003-04 fiscal.

Earnings per share (not annualised) stood at Rs 11.20 for the quarter compared to Rs 10.73 earlier.

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