Crompton Greaves consolidated Q1 net rises 30.78%

Crompton Greaves consolidated Q1 net rises 30.78%Crompton Greaves, one of India's largest electrical equipment and engineering company, has declared its quarterly results for the period till 30, June 2009.

The company has clocked 30.78% growth in its consolidated net profit which stood at Rs 1,603.50 million during the reporting quarter.

During the same period previous year (2008), company's consolidated net profit figure stood at Rs 1226.10 million.

Company's consolidated total income during the latest quarter stood at Rs 22214.20 million, a jump of 8.30% over the prior year period.

On a stand alone basis, company's profit stood at Rs 1,147.20 million, a rise of 29.04% over the prior year period.

Meanwhile, total income of the company has witnessed a growth of 8.33% which stood at Rs 11,819 million over the prior year period.