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Schneider Electric Infra profit grows to Rs 44.8 cr in March quarter

It had clocked a net profit of Rs 7 lakh during the January-March quarter of the preceding 2021-22 fiscal, the company said in a regulatory filing

Schneider Electric
Schneider Electric Infrastructure
Press Trust of India New Delhi
1 min read Last Updated : May 23 2023 | 7:16 PM IST

Schneider Electric Infrastructure (SEIL) Ltd on Tuesday posted a multi-fold jump in its net profit to Rs 44.8 crore during the January-March quarter, boosted by higher income.

It had clocked a net profit of Rs 7 lakh during the January-March quarter of the preceding 2021-22 fiscal, the company said in a regulatory filing.

The company's total income rose to Rs 414.4 crore in the reported quarter from Rs 343.1 crore in the year-ago quarter. Expenses were at Rs 369 crore as against Rs 340.4 crore a year ago.

SEIL manufactures a wide range of products that includes transformers, power transformers, switchgears, medium voltage switchgears among others. It has four manufacturing facilities -- two in Vadodara, and one each in Kolkata and Chennai.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Schneider Electric InfrastructureQ4 Resultscompany

First Published: May 23 2023 | 7:16 PM IST

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