Comments
HBL Power Systems Ltd has posted a net profit of Rs 9.31 crore for the second quarter ended September 30, 2016 against Rs 5.73 crore in the corresponding quarter last year on a standalone basis.
The Hyderabad-based batteries and electronics major registered income from operations of Rs 376.86 crore for the second quarter against Rs 343.99 crore in the corresponding quarter last year.
On a standalone basis, the company had closed last financial year with a net profit of Rs 19.42 crore and income from operations of Rs 1,288.35 crore.
The company is engaged in electronics business for defence, aviation, telecom and industrial applications.
HBL shares were trading at Rs 41.35, up 0.49 per cent, on the BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.