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Crompton Greaves posts fiscal Q3 profit

Crompton Greaves Consumer Electricals Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to 400.8 million rupees.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 4.9%.

Total revenue totaled 8.10 billion rupees, and total operating expenses came to 7.30 billion rupees.

Reported net income totaled 411.8 million rupees.

As of Feb. 9, US$1 was equivalent to 67.92 Indian rupees.