Crompton Greaves has reported results for second quarter ended September 30, 2016.
The company has reported 11.09% fall in its net profit at Rs 89.94 crore for the quarter under review as compared to Rs 101.16 crore for the same quarter in the previous year. However, total income of the company increased by 7.34% at Rs 1277.01 crore for the quarter under review as compared Rs 1189.73 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net loss of Rs 10.41 crore for the quarter ended September 30, 2016 as compared to a net profit of Rs 10.58 crore for the same quarter in the previous year. However, total income of the company increased by 6.79% to Rs 1545.19 crore for quarter under review from Rs 1446.99 crore for the quarter ended September 30, 2015.