Areva T&D reports 23% jump in Q2 net profit

Areva T&D has reported unaudited results for the second quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 surged by 22.77% at Rs 32.24 crore as compared to Rs 26.26 crore for the corresponding quarter last year. Its total income has grown by 12.80% at Rs 998.86 crore for the quarter under review from Rs 885.49 crore for the same quarter last year.

Areva T&D India is a leading player in the Power Transmission and Distribution business upto Extra High Voltage levels (765 kV) and is prepared to meet the demands for equipments and services even at Ultra High Voltage levels (1200 kV).