Munjal Auto Industries Ltd. has announced its Q3 FY2025 financial results, revealing a mixed performance. The company's consolidated revenue from operations reached 5.22 billion rupees, marking a significant increase from the previous quarter's 3.30 billion rupees. However, Munjal Auto Industries reported a consolidated net loss of 22.1 million rupees for the quarter, a stark contrast to the profit of 15.08 million rupees in Q2 FY2025. This unexpected loss comes despite revenue growth, indicating potential challenges in the auto ancillary sector. Investors will be closely monitoring Munjal Auto's recovery strategies in the coming months as it navigates the volatile market conditions.
Sources: Moneycontrol, BlinkX, Munjal Auto Industries Limited Financial Results