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India Earnings - Alstom Projects Q3 net up 4.25% at Rs 31.4 cr

By Abhishek on 9:04 PM

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Alstom Projects India : A power equipment manufacturing company having interest in business of engineering, manufacturing, project management and supply of power generation equipment announced its third Q3 result for the financial year 2008 - 2009.

 APIL reported a marginal rise in its standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company rose 4.25% to Rs 31.4 crore or Rs 313.80 million from Rs 30.1 crore or Rs 301.00 million in the same quarter, previous year. Its operating profit was at Rs 53.5 crore versus Rs 41.4 crore.

Net sales for the quarter rose 35.63% to Rs 538.2 crore  or Rs 5,381.70 million versus Rs 396.8 crore, YoY, while total income for the quarter rose 33.60% to Rs 5,447 million, when compared with the prior year period.

The company reported earnings of Rs 4.68 a share during the quarter, registering 4.46% growth over prior year period.
 

Interest cost stood at Rs 0.10 million while depreciation cost rose 58.83% to Rs 95.30 million over previous year period.



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