Alstom T & D India has reported results for third quarter ended December 31, 2015.
The company has reported a net loss of Rs 18.21 crore for the quarter ended December 31, 2015 as compared to net profit of Rs 2.58 crore for the same quarter in the previous year. The company’s total income has decreased by 1.46% to Rs 755.29 crore for the quarter under review from Rs 766.47 crore for the corresponding quarter of the previous year.
Alstom T&D India is part of Alstom Grid, a global player in electrical grids. The company’s India operations account for over 13% of overall revenues garnered by Alstom Grid’s global operations. Apart from India business, other major contributors are the operations in France, the US, Germany and China.
