Alstom T&D India has reported results for first quarter ended June 30, 2016.
The company has reported a net loss of Rs 197.41 crore for the quarter ended June 30, 2016 as against net profit of Rs 10.15 crore for the same quarter in the previous year. Total income of the company increased by 9.91% at Rs 887.20 crore for quarter under review as compared to Rs 807.21 crore for the quarter ended June 30, 2015.
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.
