India's Rico Auto Industries zooms after quarterly profit nearly triples

Rico Auto Industries

12/11/2025 09:39

** Shares of Rico Auto Industries RAUT.NS rise 8% to 93 rupees, their highest level since October 3

** Automobile industry-focused engineering firm's September quarter consol net profit nearly triples to 173.5 million rupees ($1.97 million), rev rises 9% to 6.27 billion rupees

** Stock set for best day since August 14

** More than 3 mln shares traded, 5-times their 30-day avg

** Including session's gains, RAUT up 12% in 2025

($1 = 87.8950 Indian rupees)

 (Reporting by Nishit Navin in Bengaluru)

 ((nishit.navin@thomsonreuters.com))