CG Power Q1 results: Co posts net profit at Rs 48 cr
New Delhi: CG Power and Industrial Solutions NSE 4.99 % on Monday posted a consolidated net profit of Rs 48 crore for June quarter 2021-22 mainly on the back of higher revenues. The company had reported a net loss of Rs 262.88 crore for the year-ago period, it said in a BSE filing.
Total income rose to Rs 1,062.24 crore in the quarter from Rs 434.84 crore in the same period a year ago.
There was no material impact on the Group due to COVID-19, it said.
