Alstom Projects has reported results for its third quarter ended December 31, 2011.
The company has reported a loss of Rs 3.85 crore for the quarter ended December 31, 2011 as compared to a net profit of Rs 15.89 crore for the same quarter in the previous year. However, total income has increased by 27.41% from Rs 383.71 crore for Q3FY11 to Rs 488.88 crore in the quarter under review.
Alstom Projects is India’s leading environmental control systems provider with 3 GWs worth of orders, accounting for about 50% market share. The company is well positioned to serve India’s growing hydro needs. Projects currently under execution include the 2000 MW Subansiri Lower hydroelectric power plant in the states of Assam and Arunachal Pradesh, India’s largest hydro project.