Crompton Greaves Q1 net up by 29.2%

New Delhi, Jul 23 (UNI) Crompton Greaves Ltd posted 29.2 per cent hike in its net profit to Rs 88.90 crore for the quarter ended June 30, 2008 as compared to Rs 68.76 crore in the same quarter last year.

The company's total income jumped 20 per cent to Rs 1,090.98 crore for the quarter ended June 30, 2008 from Rs 908.66 crore in the same period a year earlier.

The Group's net profit zoomed 36.3 per cent to Rs 122.61 crore for the quarter ended June 30, 2008 as compared to Rs 89.90 crore in Q! FY07-08.

The total income increased 31.9 per cent to Rs 2,051.87 crore for Q1 FY08-09 from Rs 1,554.88 crore for the corresponding period previous year.

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