CG Energy and Industrial Options Ltd.’s standalone web revenue for the quarter ended March rose marginally to ₹240.59 crore.
Income from operations elevated by 17% to ₹2,084 crore, of which Energy Methods contributed ₹821 crore and Industrial Methods ₹1,263 crore, the Murugappa group agency stated in a press release.
Margins in Energy Methods had been larger attributable to larger realisations, beneficial product combine and value efficiencies, whereas the identical was decrease in Industrial Methods on account of pricing stress in low pressure motors attributable to intense competitors, CG Energy stated.
The TI subsidiary generated a free money circulate of ₹178 crore. It had an unexecuted order e-book of ₹6,276 crore towards ₹4,319 crore.
