Crompton Greaves has reported results for first quarter ended June 30, 2014.
The company’s net profit has increased marginally by 1.55% at Rs 126.56 crore as compared to Rs 124.63 crore for the quarter ended June 30, 2013. Its total income rose 2.91% to Rs 1924.94 crore for the quarter under review from Rs 1870.52 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 6.56% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 64.02 crore for the quarter as compared to Rs 60.08 crore for the same quarter in the previous year. Total income has increased by 7.74% at Rs 3480.11 crore for quarter under review as compared to Rs 3230.10 crore for the quarter ended June 30, 2013.