Companies

IMPAL’s Q3 consolidated profit jumps 60%

Our Bureau Chennai | Updated on February 12, 2021

Assembly line of TVS Motor company two wheeler plant in Hosur (File Photo)

India Motor Parts & Accessories is a TVS Group company engaged in the distribution of automobile parts and accessories,

India Motor Parts & Accessories (IMPAL), a TVS Group company engaged in the distribution of automobile parts and accessories, has reported a 60 per cent jump in its consolidated profit after tax (PAT) for the third quarter at ₹16.85 crore compared to ₹10.51 crore for the same quarter previous year.

Profit before tax stood at ₹20.5 crore (₹13.81 crore), while consolidated total revenue grew by 16.22 per cent to ₹172 crore (₹148 crore).

Standalone PAT increased by 48 per cent to ₹15.25 crore (₹10.28 crore), while standalone revenue from operations grew 17 per cent during the comparable period to ₹163 crore. (₹139 crore).

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Published on February 12, 2021
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