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Crompton Greaves Q4 net down 75% at Rs 25 cr

By Religare
|

Avantha Group-led Crompton Greaves Ltd. today posted 74.8 per cent decline in its net profit for the quarter ended March 31, 2013 at Rs 25.3 crore.

The company's net profit for the same quarter previous financial year stood at Rs 100.3 crore, Mumbai-based electrical goods major said in a filing to the Bombay Stock Exchange.

However, income from operations rose 10 per cent to Rs 3387 crore in January-March quarter 2013, from Rs 3077 crore earned in the year-ago period, the filing added.

 

Shares of the company closed at Rs 96.35 a piece, down 0.98 per cent as compared to previous close on BSE.

Read more about: crompton greaves
Story first published: Friday, May 24, 2013, 23:39 [IST]
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