Comments
HBL Power Systems Ltd has posted a lower net profit of Rs 5.57 crore for the second quarter ended September 30, 2015 against Rs 8.70 crore it logged in the corresponding quarter last financial year.
The Hyderabad-based batteries maker registered lower income of Rs 313.09 crore during the second quarter against Rs 377.64 crore in the corresponding quarter last year.
For the financial year ended March 31, 2015, the company had posted a net profit of Rs 14.62 crore and total income of Rs 1,330.07 crore.
The company shares closed at Rs 33.30, down 8.52 per cent on the BSE.
EOM
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.