Business Standard

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 President Systems had sought the Bombay High Court’s intervention after the stock market regulator ruled in favour of public shareholders earlier this year.

Schneider Electric Infrastructure

Press Trust of India New Delhi

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

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