Crompton Greaves has reported fourth quarter net profit of Rs 285 crore, 5% growth as compared to Rs 270 crore in fourth quarter of 2010.
Its net sales were up by 16% at Rs 2,908 crore in January-March quarter of 2011 as against Rs 2,508 crore in same quarter the previous year.
Bottomline as well as topline numbers were in-line with estimates. CNBC-TV18 poll saw net sales at Rs 2892 crore and net profit at Rs 278 crore.
EBITDA was down by 7% at Rs 373 crore versus Rs 403 crore and operating profit margin
grew at 13% as against 16% on year-on-year basis.
Crompton paid tax of Rs 89 crore in quarter ended March 2011 as against Rs 113 crore in same quarter the previous year.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
No comments:
Post a Comment