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|New Delhi, 28th July, 2012|
The Board of Directors today approved the financial results for the quarter ending June, 2012.
Q1 (Apr-Jun) 2012-13
|The growth in Net Sales was on account of higher total volumes, favourable product mix and enhanced exports realizations. |
Adverse currency movements, notably the Yen-rupee exchange rate, impacted profits negatively
Market demand continued to be skewed in favour of diesel cars while petrol cars suffered a sharp de-growth during the quarter.