Financial Highlights: Strong revenue and operational performance on all fronts continue for the quarter Announces a 5 for 1 stock split Announces a target dividend payout ratio Total revenue from operations (net) for the quarter (Q3) was INR 14,876 million, higher by 32.7% than the corresponding quarter of 2020 and 20.7% higher than the preceding quarter (Q2’21). PBT (before exceptional items) for the quarter (Q3) was INR 2,296 million,50.3% higher than the corresponding quarter of 2020 and 34.6% higher than the preceding quarter (Q2’21). PBT margin for the quarter stood at 15.4%, against 13.6% during the corresponding quarter of 2020. Net Profit for the quarter was INR 1708 million while margin for the quarter stood at 11.5%. January – September 2021 (Nine Months): Total revenue from operations (net) for the nine months period was INR 40,373 million, higher by 62.3% than the corresponding period of 2020. PBT (before exceptional items) for the period was INR 5,863 million, higher by 184.4% than the corresponding period of 2020. Net profit for the period stood at INR 4,385 million, the net profit margin for the period stood at 10.9%. Commenting on the results, Mr. Harsha Kadam, Managing Director, said, “This is the our fourth consecutive quarter showing a strong performance. The performance demonstrated during the first half of the year further improved in the third quarter, despite significant input cost pressures. Our business divisions – automotive technologies, automotive aftermarket and industrial have delivered resounding performance and further consolidated our position of being the preferred technology partner. However, we do see some headwinds due to the global chip shortage and the resultant supply chain disruptions, which we are monitoring closely. Our continued focus on countermeasures and deeper customer engagements have yielded impressive results.“ Result PDF