Schneider Electric Infrastructure on Wednesday posted a ₹30.02 crore net profit in the December 2019 quarter, mainly on account of higher revenues.
The company had reported a net loss of ₹6.29 crore in the year-ago quarter.
Its total income rose to ₹487.85 crore, compared with ₹445.06 crore a year ago.
During the April-December 2019 period, the company reported a net loss of ₹3.82 crore as against ₹25.82 crore in the year-ago period. The company suffered a loss of ₹24.36 crore in 2018-19.
The company’s business operations fall within a single primary business segment viz. product and systems for electricity distribution.
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.