Hind Rectifiers reports 93% fall in Q1 net profit
18th Aug 2020

Hind Rectifiers has reported results for first quarter ended June 30, 2020.

The company has reported 92.88% fall in its net profit at Rs 0.37 crore for the quarter under review as compared to Rs 5.20 crore for the same quarter in the previous year. Total income of the company decreased by 30.18% at Rs 47.75 crore for Q1FY21 as compared Rs 68.39 crore for the corresponding quarter previous year.

Hind Rectifiers is engaged in developing, designing, manufacturing and marketing Power Semiconductors, Power Electronic Equipments and Railway Transportation Equipments.