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India Motor Parts and Accessories LimitedResults, 29-01-2025: Integrated Filing- Financial

29-01-2025 | 12:44 pm

India Motor Parts & Accessories Limited has announced a board meeting to discuss the integrated financial results for the quarter and nine months ended December 31, 2024. The company reported a net revenue of ₹211.67 crores for the quarter, marking an increase from ₹186.38 crores in the same period last year. Despite this, the total comprehensive income fell to a loss of ₹370.77 crores, primarily due to significant fair value adjustments. The amalgamation with CAPL Motor Parts has been reflected in the financials, potentially enhancing the operational scope. Investors may view the results with a cautious sentiment, given the losses, but the revenue growth could signal potential recovery paths.

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