BorgWarner 1st-qtr profit rises

Newswire

April 26 (Reuters) - Auto supplier BorgWarner Inc posted a rise in quarterly profit, helped by higher sales in its drivetrain segment. Revenue from the segment jumped about 25 percent to $611.4 million. Net income attributable to BorgWarner rose to $163 million, or $1.28 per share, from $129.7 million, or $1.00 per share, a year ago. The profit excludes a $5 million payment for net interest. Revenue rose 10 percent to $1.91 billion. (Reporting by Sagarika Jaisinghani in Bangalore; Editing ...

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