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Crompton Greaves reports 30% fall in Q1 consolidated net profit

06 Aug 2013 Evaluate

Crompton Greaves has reported results for first quarter ended June 30, 2013.

The company has reported 3.63% rise in its net profit at Rs 124.63 crore for the quarter as compared to Rs 120.27 crore for the same quarter in the previous year. Total income of the company has increased by 9.66% at Rs 1819.42 crore for quarter under review as compared to Rs 1659.17 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a fall of 30.06% in its net profit after taxes, minority interest at Rs 60.08 crore for the quarter as compared to Rs 85.90 crore for the same quarter in the previous year. However, total income of the company, on consolidated basis, has increased by 22.03% at Rs 3157.22 crore for quarter under review as compared to Rs 2811.14 crore for the quarter ended June 30, 2012.

 

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