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Our Bureau

Mumbai, July 12

ANG Auto Ltd on Wednesday registered a substantial increase in its net profit of Rs. 5.25 crore in the first quarter ended June 30 against Rs. 0.33 crore in the corresponding previous period. Net sales at Rs 25.28 crore has registered a 504.16 per cent growth (Rs 4.18 crore). PBIT during the quarter has risen to Rs 7 crore from Rs 0.66 crore. ANG Auto is engaged in the business of manufacturing and assembly of trailer axle, transmission components, air brake components, air brake assemblies and automatic slack adjusters. The company shares on the BSE closed on Wednesday at Rs 297.95 up by 4.99 per cent from its previous close.

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ANG Auto first quarter net up

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