Crompton Greaves Q1 net up 6.55% to Rs 64.02 crore

NEW DELHI: Crompton Greaves today reported 6.55 per cent increase in consolidated net profit at Rs 64.02 crore for the quarter ended June 30.

It had posted a net profit of Rs 60.08 crore for the April-June quarter of 2013-14 fiscal, the company said in a BSE filing.

Net sales of the company were at Rs 3,441.54 crore in the quarter under review, up 7.72 per cent as against Rs 3,194.79 crore in the corresponding period a year ago.

Overall expenses stood at Rs 3,333.81 crore in the first quarter of 2014-15 as against Rs 3,102.76 crore in the same quarter a year ago.

Shares of Crompton Greaves closed 4.18 per cent down to Rs 194.90 on the BSE.