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Alstom T&D India reports 27.49% jump in Q1 net profit

30 Jul 2012 Evaluate

Alstom T&D India has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has posted a rise of 27.49% in its net profit at Rs 23.00 crore for the quarter ended June 30, 2012 as compared to Rs 18.04 crore for the same quarter in the previous year. Total income has increased by 1.06% to Rs 675.52 crore for quarter under review as compared to Rs 668.45 crore for the quarter ended June 30, 2011.

Alstom T&D India is part of Alstom Grid, a global player in electrical grids. 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.

Peers
Company Name CMP
Waaree Energies 2455.00
Apar Industries 17272.05
Havells India 1091.00
Suzlon Energy 39.68
Siemens 3798.90
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