CG Power and Industrial Solutions on Tuesday reported a 15.45 per cent decline in its consolidated net profit to Rs 197 crore in the December quarter, as the company had an exceptional income in the year-ago period.
The company’s consolidated net profit (from continuing operations) was Rs 233 crore a year ago, according to a regulatory filing.
The company said there was an exceptional income of about Rs 31 crore in the quarter ended on December 31, 2022, while there was no such adjustment in the same period of 2023.
Total income rose to Rs 2,006.79 crore in the third quarter from Rs 1,787.01 crore a year ago.
