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BGR Energy Systems'' Q3 net profits surge


BGR Energy Systems'' Q3 net profits surge

Chennai, Feb 14 (PTI): Engineering and construction major BGR Energy Systems on Friday registered over 200 per cent rise

in its consolidated net profits for the quarter ending December 31, 2019 at Rs 26.54 crore.

The city-based company had registered consolidated net profits of Rs 8.17 crore in the same quarter last fiscal.

However for the nine month period ending December 31, 2019 the company posted a consolidated net loss of Rs 4.86

crore against net loss of Rs 16.86 crore a year ago. Total income on consolidated basis for the quarter under

review was Rs 1,171.42 crore against Rs 803.49 crore registered during the same period last year.

Total income for the nine month period ending December 31, 2019 grew to Rs 2,414.17 crore on a consolidated basis

from Rs 2,262.61 crore in the corresponding period last year. Shares of the company ended at Rs 37.40 apiece in the

BSE.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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