Company watch: IFC-backed Craftsman beats motown blues but can it keep up the pace?

By Ankit Agarwal

  • 10 Oct 2019
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Credit: Thinkstock

Craftsman Automation Ltd tripled its net profit for the year through March 2019, as the maker of industrial and auto components broadened its product offerings to boost sales amid a wider slowdown and controlled its expenses. Consolidated net sales for 2018-19 climbed by a fifth to Rs 1,818 crore, although the ......

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