HBL Power posts Rs 9.3 cr net profit

Rajalakshmi S Updated - January 16, 2018 at 01:31 AM.

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.

Published on December 13, 2016 09:30