Schneider Electric's Net Profit Down 92% in Q4
Schneider Electric Infrastructure's net profit plunged 92.68% in the March quarter due to higher expenses. The company's total income rose in FY24.
New Delhi, May 23 (PTI) Schneider Electric Infrastructure reported a on-year decline of 92.68 per cent in net profit to Rs 3.28 crore in March quarter, mainly due to higher expenses.
The company had reported a net profit of Rs 44.84 crore in the quarter ended on March 31, 2023, the company said in a regulatory filing.
Total expenses rose to Rs 436.43 crore in the quarter under review, from Rs 369.01 crore in the same period a year ago.
The net profit in fiscal 2023-24 rose to Rs 172.03 crore, from Rs 123.63 crore a year ago.
Total income of the company in financial year 2023-24 rose to Rs 2,215.98 crore, from Rs 1,789.39 crore in 2022-23.
The company had reported a net profit of Rs 44.84 crore in the quarter ended on March 31, 2023, the company said in a regulatory filing.
Total expenses rose to Rs 436.43 crore in the quarter under review, from Rs 369.01 crore in the same period a year ago.
The net profit in fiscal 2023-24 rose to Rs 172.03 crore, from Rs 123.63 crore a year ago.
Total income of the company in financial year 2023-24 rose to Rs 2,215.98 crore, from Rs 1,789.39 crore in 2022-23.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea-L
- 11.65 (+ 3.56)
- 106772451
- Alstone-Textiles
- 0.28 ( -3.45)
- 44187760
- Mangalam-Industrial
- 0.88 ( -2.22)
- 39177573
- Sunshine-Capital
- 0.27 (+ 3.85)
- 35956340
- GMR-Airports
- 104.40 (+ 6.37)
- 30453005
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback