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Crompton Greaves reports 39% fall in Q1 consolidated net profit

27 Jul 2020 Evaluate

Crompton Greaves Consumer Electricals has reported results for first quarter ended June 30, 2020.

The company has reported 39.88% fall in its net profit of Rs 73.71 crore for the quarter under review as against Rs 122.60 crore for the same quarter in the previous year. Total income of the company decreased 46.35% at Rs 731.93 crore for Q1FY21 as compared Rs 1364.16 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 38.91% fall in its net profit at Rs 74.80 crore for the quarter under review as against Rs 122.44 crore for the same quarter in the previous year. Total income of the company decreased by 45.85% at Rs 738.68 crore for Q1FY21 as compared Rs 1364.14 crore for the corresponding quarter previous year.

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