Crompton Greaves Q2 net down 25% at Rs 52.14 cr

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.