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BGR Energy Systems'' Q3 net profits surge

Press Trust of India  |  Chennai 

: Engineering and construction major

BGR Energy Systems on Friday registered over 200 per cent rise in its consolidated net profits for the quarter ending December 31, 2019 at Rs 26.54 crore.

The city-based company had registered consolidated net profits of Rs 8.17 crore in the same quarter last fiscal.

However for the nine month period ending December 31, 2019 the company posted a consolidated net loss of Rs 4.86 crore against net loss of Rs 16.86 crore a year ago.

Total income on consolidated basis for the quarter under review was Rs 1,171.42 crore against Rs 803.49 crore registered during the same period last year.

Total income for the nine month period ending December 31, 2019 grew to Rs 2,414.17 crore on a consolidated basis from Rs 2,262.61 crore in the corresponding period last year.

Shares of the company ended at Rs 37.40 apiece in the BSE.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 14 2020. 19:10 IST