Crompton Q3 net sales rise 26% at Rs 3030 cr

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Crompton Q3 net sales rise 26% at Rs 3030 cr

Transformer manufacturer Crompton Greaves' net sales jumped 26.4% to Rs 3,030 crore from Rs 2,397 crore year-on-year.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ News and Notices about Crompton Greave See interviews with Crompton Greave Management See what other Experts & Brokerages are saying about Crompton Greave See previous Results of Crompton Greave

By Priyanka Dalmia, Research Analyst at CNBC-TV18

Transformer manufacturer Crompton Greaves has reported a net profit of Rs 77 crore in the third quarter of FY12, a massive fall of 67% as compared to Rs 233 crore in a year ago quarter.

But, net sales jumped 26.4% to Rs 3,030 crore from Rs 2,397 crore year-on-year.

Bottomline was less than analyst's expectations while topline was well above estimates; CNBC-TV18 poll saw profit after tax of Rs 140 crore and net sales of Rs 2,693 crore.