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Talbros Automotive Components has secured multi-year orders worth Rs. 400 crores from local and foreign customers for gaskets, heat shields, forgings, and chassis.
Talbros Automotive Components orders will help the company increase its share with existing customers and new customers across geographies, which will help it grow and gain market share in the coming years, the company told BSE.
According to the BSE data, Vijay Kedia, who was not a part of the minority shareholders at the end of September quarter, now holds 2,80,000 shares or 2.27 per cent stake in the company at the end of December quarter.
Talbros Q3 net profit rises 144% at Rs 10.6 crore Total Income from operations rose 35.6 per cent to Rs 132.1 crore in the third quarter of financial year 2020-21 as compared to Rs 97.4 crore revenue in October-December period of the previous fiscal year. PTI Representative image Auto component maker Talbros on Friday reported a whopping 144 per cent jump in consolidated net profit at Rs 10.6 crore for the quarter ended in December. The company had posted a net profit of Rs 4.3 crore in the third quarter of the financial year 2019-20, Talbros Autom...