Friday, 29 April 2011

Crompton Greaves reports 5.82% drop in its Q4 net profit

    Crompton Greaves has reported results for the quarter and the year ended March 31, 2011The company’s net profit for the quarter ended March 31, 2011 has decline by 5.82% at Rs 217.64 crore as compared to Rs 231.09 crore for the quarter ended March 31, 2010. Its total income has increased by 8.26% at Rs 1788.37 crore for the quarter under review from Rs 1651.88 crore for the corresponding quarter of the previous year.
    The company has registered growth of 12.47% in its net profit for the year ended March 31, 2011 at Rs 694.33 crore as compared to Rs 617.34 crore for the year ended March 31, 2010. Its total income has increased by 12.67% at Rs 6030.85 crore for the year ended March 31, 2011 from Rs 5352.74 crore for the year ended March 31, 2010.
    On consolidated basis, the group’s net profit for the quarter ended March 31, 2011 was down by 17.97% at Rs 251.43 crore as compared to Rs 306.51 crore for the quarter ended March 31, 2010. Total income for the quarter ended March 31, 2011 has increased by 16.29% at Rs 2954.83 crore as compared to Rs 2540.83 crore for the corresponding quarter of the previous year.
    For year ended March 31, 2011 on consolidated basis, the group’s net profit for the year was up by 3.35% at Rs 888.67 crore as compared to Rs 859.87 crore for the quarter ended March 31, 2010. Total income for the year ended March 31, 2011 has increased by 9.42% at 10105.02 crore as compared to Rs 9234.55 crore for the corresponding quarter of the previous year.

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