Crompton Greaves first quarter results-Net profit of Rs 122.61cr

Crompton Greaves on july 27th announced a net profit of Rs 122.61 cr for the quarterended June 30,In the previous year quarter the companyhad net profit of Rs 89.9 cr in the first quarter of FY'08, compare to last year first quarter this time net profit up by 36%. Crompton Greaves(CG) reported a standalone net profit of Rs 88.9 cr in the first quarter, a 29.29% growth over previous year's profit of Rs 68.76 cr. Total income of the company rose to Rs 1,090.98 cr in the latest quarter, from Rs 908.66 crore in the same period in FY'08. today in BSE Crompton Greaves went up by around 10%.


share said...


Once again after crash Nifty has started going up. Now we suggest all rises should be used as an opportunity to exit old long positions.
This bull run will continue for few more days. Overall market is in bearish mood as in medium term its just a small rally due to short covering
and result season.

Happy Trading,