CG Power Q2 Results: Net profit drops 10% to Rs 220 crore

CG Power and Industrial Solutions on Monday reported a nearly 10 per cent decline in its consolidated profit after tax to Rs 220 crore for three months ended September 2024. Its profit after tax (PAT) was Rs 244 crore in the year-ago quarter.

Aggregate sales for the quarter increased 21 per cent to Rs 2,413 crore during the July-September quarter of the current fiscal from Rs 2,002 crore in the same quarter of 2023-24, the company said in a stock exchange filing.

The order intake for the second quarter rose 42 per cent to Rs 3,302 crore, and the unexecuted order backlog stood at Rs 7,965 crore (48 per cent higher year-on-year) as of September 30, 2024.

Its consolidated results include the performance of the operating subsidiaries in Sweden, Germany and Netherlands (Drives and Automation Europe), CG Adhesives Products (India), CG Semi (India), GG Tronics India and other non-operating and holding subsidiaries.

On a standalone basis, the company’s profit stood at Rs 223 crore, down from Rs 355 crore in the July-September quarter of FY24.

Stock Trading

Heikin Ashi Trading Tactics: Master the Art of Trading

By – Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert
Stock Trading

Ichimoku Trading Unlocked: Expert Analysis and Strategy

By – Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert
Stock Trading

A2Z of Stock Market for Beginners: Stock Market Course For Beginners

By – elearnmarkets, Financial Education by StockEdge
Stock Trading

Technical Trading Made Easy: Online Certification Course

By – Souradeep Dey, Equity and Commodity Trader, Trainer
Stock Trading

Algo Trading Made Easy

By – Vivek Gadodia, Partner at Dravyaniti Consulting and RBT Algo Systems
Stock Trading

Stock Valuation Made Easy

By – Rounak Gouti, Investment commentary writer, Experience in equity research
Stock Trading

Technical Analysis for Everyone – Technical Analysis Course

By – Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities
Stock Trading

Technical Analysis Demystified: A Complete Guide to Trading

By – Kunal Patel, Options Trader, Instructor
Stock Trading

Futures Trading Made Easy: Future & Options Trading Course

By – Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant
Stock Trading

Market 104: Options Trading: Kickstart Your F&O Adventure

By – Saketh R, Founder- QuickAlpha, Full Time Options Trader
Stock Trading

Introduction to Technical Analysis & Candlestick Theory

By – Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert
Stock Trading

Commodity Markets Made Easy: Commodity Trading Course

By – elearnmarkets, Financial Education by StockEdge
Stock Trading

Market 103: Mastering Trends with RMI and Techno-Funda Insights

By – Rohit Srivastava, Founder- Indiacharts.com
Stock Trading

Dow Theory Made Easy

By – Vishal Mehta, Independent Systematic Trader

Aggregate sales for the quarter under review was Rs 2,270 crore, with a growth of 19 per cent on an annual basis.

Forrás: eredeti cikk

Forrás és üzemeltetés: SasFly.net. Ha hazai jogi képviseletre van szükséged, keresd az fabianlaw.hu oldalt, nemzetközi ügyekben pedig a amerikaiugyved.hu irodát ajánljuk.