{"id":549856,"date":"2023-01-25T09:40:47","date_gmt":"2023-01-25T04:10:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=549856"},"modified":"2023-01-25T10:49:42","modified_gmt":"2023-01-25T05:19:42","slug":"cg-power-and-industrial-solutions-q3-profit-falls-58-to-rs-228-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cg-power-and-industrial-solutions-q3-profit-falls-58-to-rs-228-crore\/","title":{"rendered":"CG Power and Industrial Solutions Q3 profit falls 58% to Rs 228 crore"},"content":{"rendered":"<p>CG Power and Industrial Solutions on Tuesday said its consolidated net profit declined 58 per cent to Rs 227.86 crore in December quarter 2022-23.<\/p>\n<p>The company&#8217;s net profit in the year-ago period was Rs 545.06 crore, according to a BSE filing.<\/p>\n<p>Total income rose to Rs 1,809.95 crore in the quarter from Rs 1,558.89 crore in the same period a year ago.<\/p>\n<p>Total expenses also increased to Rs 1,528.22 crore from Rs 1,385 crore in the same period of 2021-22.<\/p>\n<p>The company&#8217;s board has also approved a proposal to expand the manufacturing capacity of power transformer and distribution transformer units of the company at its plants in Malanpur and Bhopal at an investment of Rs 126 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CG Power and Industrial Solutions on Tuesday said its consolidated net profit declined 58 per cent to Rs 227.86 crore in December quarter 2022-23. The company&#8217;s net profit in the year-ago period was Rs 545.06 crore, according to a BSE filing. Total income rose to Rs 1,809.95 crore in the quarter from Rs 1,558.89 crore in the same period a year ago. Total expenses also increased to Rs 1,528.22 crore from Rs 1,385 crore in the same period of 2021-22. The company&#8217;s board has also approved a proposal to expand the manufacturing capacity of power transformer and distribution transformer units [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-549856","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/549856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=549856"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/549856\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=549856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=549856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=549856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}