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    Crompton Greaves Q1 Earnings

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    • Crompton Greaves Q1 net drops 30% to Rs 60 cr on power woes

      Crompton Greaves Q1 net drops 30% to Rs 60 cr on power woes

      Power systems' revenues of Crompton Greaves increased 8.5 percent on yearly basis to Rs 1,818 crore during April-June quarter, but earnings before interest & tax (EBIT) from power segment dropped 36 percent Y-o-Y to Rs 27.23 crore and EBIT margin dipped 110 bps year-on-year to 1.5 percent during the quarter.

    • Crompton Greaves drops 7% ahead of Apr-Jun quarter earnings

      Crompton Greaves drops 7% ahead of Apr-Jun quarter earnings

      Mumbai-based transformer and switchgear manufacturer Crompton Greaves' consolidated profit after tax may fall by 19.3 percent year-on-year to Rs 69 crore, according to a CNBC-TV18 poll.

    • Crompton Greaves Q1 PAT may drop 19.3% to Rs 69 cr: Poll

      Crompton Greaves Q1 PAT may drop 19.3% to Rs 69 cr: Poll

      The drop in Crompton Greaves' profit may be on account of lower losses from subsidiaries. Some analysts believe Crompton‘s turnaround story will play out during April-June quarter while some still believe strain in profitability witnessed in FY12 / FY13 is likely to persist at least in the near-to-mid term.

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