Thursday 30 January 2014

Crompton Greaves reports consolidated net profit of Rs 62.02 crore in Q3

Crompton Greaves has reported results for third quarter ended December 31, 2013.

The company has reported 27.68% rise in its net profit at Rs 135.54 crore for the quarter as compared to Rs 106.16 crore for the same quarter in the previous year. Total income of the company increased 7.06% at Rs 1897.07 crore for quarter under review, as compared to Rs 1772.02 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported a net profit of Rs 62.02 crore for the quarter as compared to a net loss of Rs 189.36 crore for the same quarter in the previous year. Total income from operations of the group has increased by 13% at Rs 3392.35 crore for quarter under review as compared to Rs 3002.18 crore for the quarter ended December 31, 2012.

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