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HPL Electric and Power has posted a 16 percent rise in its consolidated net profit at Rs 11.1 crore for the March quarter.
HPL Electric and Power has said in a statement that the company had posted a net profit of Rs 9.6 crore during the previous quarter.
During the quarter under review, the revenues from operations stood at Rs 300.6 crore as compare to Rs 227.5 crore in the October-December of previous fiscal, up 32 percent.
Gautam Seth, HPL Electric Joint Managing Director has said that “Fourth quarter turned out to be the third successive quarter in which we displayed sequential revenue growth and higher margins.”
