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Sona Steering has witnessed a 100.6% sales appreciation to Rs 550 m in 3QFY2000. The company has registered a net profit of Rs 16.9 m, as against a loss of Rs 25.2 m in the corresponding quarter last year.
Auto ancilliaries company, Sona Koyo Steering has registered a whopping 75% jump in net profit to Rs 33 m. Turnover improved by a significant 45% during the same period.