Mumbai: Crompton Greaves has said that its consolidated net profit for the third quarter ended 31 December stood at Rs123.22 crore, while it had a net profit of Rs82.71 crore in the same quarter a year ago.
Figures of the period under review are not comparable with the corresponding period of last fiscal as the results of the company also includes results of its acquired subsidiary, the company said in a filing to the Bombay Stock Exchange (BSE).
Electrical equipment maker’s consolidated total income in the December quarter of current fiscal stood at Rs2,158.60 crore, whereas the same was at Rs172.13 crore last year.
On a standalone basis, the company posted a net profit of Rs84.77 crore in the latest quarter. It had a net profit of Rs67.90 crore in Q3 last financial year.
While, for the nine-month period ended 31 December, 2008, Crompton Greaves registered a net profit of Rs268.21 crore, the same was at Rs210.85 crore a year ago.
Shares of Crompton Greaves were trading at Rs128.05, down 1.46% in the afternoon trade on the BSE.