CG Power and Industrial Solutions turns black in Q1
3rd Aug 2021

CG Power and Industrial Solutions has reported results for first quarter ended June 30, 2021.

The company has reported net profit at Rs 44.52 crore for the quarter under review as compared to net loss of Rs 421.75 crore for the same quarter in the previous year. Total income of the company reported above 3- fold jump at Rs 968.59 crore for Q1FY22 as compared Rs 245.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 48.00 crore for the quarter under review as compared to net loss of Rs 262.88 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 1062.24 crore for Q1FY22 as compared Rs 434.84 crore for the corresponding quarter previous year.