Saturday, November 10, 2012

Alstom T&D posts loss of Rs 1.81 cr in Q2, stock declines


Alstom T&D India, engaged in the power transmission business, has reported a net loss of Rs 1.81 crore in the second quarter of current financial year as against profit of Rs 40 crore in a year ago period.

Total income from operations dropped nearly 9 percent to Rs 683 crore from Rs 748 crore during the same period.

At 10:00 hours IST, the stock fell 0.6 percent to Rs 202.90 after losing as much as 1.5 percent in early trade on the Bombay Stock Exchange.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd


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