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MACHINIST - Munjal Auto Industries commences production from unit II at Bawal, Haryana

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Home arrow News arrow Auto component arrow Munjal Auto Industries commences production from unit II at Bawal, Haryana

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Munjal Auto Industries commences production from unit II at Bawal, Haryana
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Written by Vijay   
Tuesday, 24 November 2009

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Mumbai: Auto component manufacturer, Munjal Auto Industries Ltd, part of the Hero Group of companies, has commenced production and commercial operation from its unit II located at Plot No. - 37, Sector - 5, Haryana State Industrial & Infrastructure Development Corporation (HSIIDC), Bawal, Dist. Rewari, (Haryana).

According to the company, the project has been set up to cater to the increased requirement of existing customers with better quality and services. The Company will also delve into new business opportunities for enhancing new products and customers.

For the quarter ended 30th September 2009, Munjal Auto Industries Ltd registered net sales of Rs 7880.11 compared to Rs 6337.11 Lacs for the quarter ended 30th September 2008 - A growth of 24.35 percent.

The company's net profit after tax (from ordinary activities) grew 49.7 percent from Rs 276.45 Lacs for the quarter ended 30th September 2008 to Rs 413.87 Lacs for the quarter ended 30th September 2009.

Munjal Auto Industries Ltd is involved in the manufacture of Exhaust Systems, Steel Wheel Rims, Motorcycle Spoke Rims in addition to Complete Assemblies involving forgings, castings, Engineering plastics and sheet metal components. The company also manufactures a wide range of Sheet metal parts, including Mild Steel parts (Hot Rolled and Cold Rolled), Stainless Steel parts, Welded Components, Tri-nickel Chrome plated components, Liquid Painted , oven baked parts, Heat resistant painted parts, Tubular Components and Rolled parts.

 
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