Crompton Greaves Q2 net down 25% at Rs 52.14 crore

Crompton Greaves Ltd reported 25 per cent decline in consolidated net profit at Rs 52.14 crore for the quarter ended on September 30.

Crompton Greaves Q2 net down 25% at Rs 52.14 crore
NEW DELHI: Crompton Greaves Ltd reported 25 per cent decline in consolidated net profit at Rs 52.14 crore for the quarter ended on September 30.

The firm reported a net profit of Rs 69.59 crore for the same quarter a year ago, Crompton Greaves informed BSE today.

The total income for the said quarter declined to Rs 3235.65 crore from Rs 3485.49 crore in July-September quarter of last fiscal.

The company posted a standalone net profit of Rs 134.36 crore for the quarter ended September 30, as compared to Rs 125.03 crore for the year-ago period.

The total standalone income slipped from Rs 1964.04 crore to Rs 1933.76 crore for the said quarter.
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