New Delhi, Nov 9 (PTI) Remsons Industries has reported a 15 per cent rise in consolidated net profit to Rs

New Delhi, Nov 9 (PTI) Remsons Industries has reported a 15 per cent rise in consolidated net profit to Rs

New Delhi, Nov 9 (PTI) Remsons Industries has reported a 15 per cent rise in consolidated net profit to Rs

New Delhi, Nov 9 (PTI) Remsons Industries has reported a 15 per cent rise in consolidated net profit to Rs 4.7 crore for the quarter ended September.

     The company’s net profit stood at Rs 4.1 crore in the year-ago period, Remsons Industries said in a statement.

     Revenue from operations increased 17.21 per cent to Rs 135.5 crore in the September quarter of the current fiscal, compared to Rs 115.6 crore in the same period a year ago.

     For the first half of FY27, its revenue increased to Rs 255.2 crore from Rs 215.2 crore a year ago. However, net profit remained nearly flat at Rs 7.6 crore, compared to Rs 7.7 crore in Q2 FY26.

     Meanwhile, during the quarter, the company’s board appointed Rahul Desai as its Chief Executive Officer (CEO), as part of its leadership transition to support the company's next phase of growth.

     His appointment came into effect from August 3, according to the statement.

     "With a new leadership under Rahul Desai, we continue to remain focused on a healthy growth trajectory, expanding the product portfolio and continued focus on operational execution," said Krishna Kejriwal, Chairman & MD at Remsons Industries Ltd.

     Kejriwal said our strategic priorities remain unchanged, deepening our core business, moving further up the value chain and expanding our product portfolio.

     Remsons Industries is an automotive OEM components manufacturer and supplies products to automakers across the country and overseas.

(This story has not been edited by THE WEEK and is auto-generated from PTI)