Redington (India) has reported results for third quarter ended December 31, 2016.
The company has reported 7% fall in its net profit after tax at Rs 48.92 crore for the quarter under review as compared to Rs 52.60 crore for the same quarter in the previous year. However, total income of the company increased by 33.29% at Rs 4198.72 crore for the quarter under review as compared to Rs 3149.95 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 5.65% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 118.23 crore for the quarter ended December 31, 2016, as compared to Rs 111.91 crore for the same quarter in the previous year. Total income of the company increased by 21.69% to Rs 10970.02 crore for quarter under review from Rs 9014.37 crore for the quarter ended December 31, 2015.
