Auto component maker Sona Koyo Steering Systems has reported a 32.84 per cent fall in consolidated profit-after-tax to Rs 13.7 crore for the third quarter ended December 31, 2011.
The company had posted a net profit of Rs 20.4 crore in the corresponding period last financial year, Sona Koyo Steering Systems said in a statement today.
Consolidated net sales also dipped 5.77 per cent to Rs 315.2 crore from Rs 334.5 crore.
Nevertheless, the scrip ended 2.07 per cent higher at Rs 13.79 apiece on the BSE.