Comments
HBL Power Systems Limited has posted a lower profit of ₹5.94 crore for the second quarter ended September 30, 2018 as against a profit of ₹10.21 crore for the corresponding quarter of previous financial year.
The Hyderabad-based batteries maker and power systems solutions provider also saw its total income for the second quarter lower at ₹ 334.27 crore as against the income of ₹445.27 crore for the corresponding quarter of last fiscal.
Last financial year ended March 31, 2018, the company had closed with a profit of ₹29.65 crore and a total income of ₹1646.83 crore.
HBL Power shares closed the day at ₹31.10, down 1 per cent on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.