BGR Energy systems Q3 net 109% at Rs 87 cr

BGR Energy systems announced its third quarter results posting a net profit of Rs 87.56 crore for the quarter ended December, 2010, up 108.92% as compared to Rs 41.91 crore for the correposnding quarter a year ago, according to a release filed with the Bombay Stock Exchange (BSE).

Total Income has increased 96.99% to Rs 1,258.56 crore for the quarter ended December 31, 2010 from Rs 638.87 crore for the same quarter a year ago.

At 12:25 pm, the shares of the company were trading down 3.42% at Rs 460 on the BSE.