Setco Automotive Q2 net up 43% at 6.46 crore

Setco Automotive, domestic clutch manufacturer for heavy and medium commercial vehicles, reported 43 per

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cent jump in profit to Rs 6.46 crore in the second quarter ended September 30, 2010, as compared to Rs 4.51 crore in corresponding period of previous year. The company’s sales in the second quarter grew by 21 per cent to Rs 62.86 crore compared to Rs 51.77 crore in the corresponding previous period.

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