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Crompton Greaves reports 39% growth in Q2 consolidated net profit

09 Nov 2013 Evaluate

Crompton Greaves has reported results for the second quarter ended September 30, 2013.

The company has reported 20.69% rise in its net profit at Rs 134.80 crore for the quarter as compared to Rs 111.69 crore for the same quarter in the previous year. Total income of the company has increased by 6.56% at Rs 1795.36 crore for quarter under review as compared to Rs  1684.88 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has registered a growth of 38.90% in net profit after taxes, minority interest and share of profit / (loss) of associates  at Rs 58.41 crore as compared to Rs 42.05 crore in the same quarter previous year. Total income of the group rose 9.93% to Rs 3237.48 crore for quarter under review as against Rs 2944.93 crore in corresponding quarter previous year.

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