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Crompton Greaves reports 75% fall in Q1 consolidated net profit

27 Jul 2015 Evaluate

Crompton Greaves has reported results for first quarter ended June 30, 2015.

The company has reported 0.33% rise in its net profit at Rs 126.35 crore for the quarter ended June 30, 2015 as compared to Rs 125.93 crore for the same quarter in the previous year. However, the company’s total income has decreased by 2.47% to Rs 1870.49 crore for the quarter under review from Rs 1917.81 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 74.99% fall in its net profit after taxes and minority interest at Rs 16.01 crore for the quarter ended June 30, 2015 as compared to Rs 64.02 crore for the same quarter in the previous year. Total income of the company has decreased by 7.52% at Rs 3211.36 crore for quarter under review as compared to Rs 3472.58 crore for the quarter ended June 30, 2014.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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