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Wednesday, July 25, 2001

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Crompton loss at Rs 5.68 cr in Q2

MUMBAI: Crompton Greaves Ltd has pruned its losses to Rs 5.68 crore for the second quarter ended June 30, 2001 compared to Rs 67.47 crore during the corresponding period last year.

Net sales stood at Rs 348 crore against Rs 224.2 crore. Total expenditure was Rs 323.61 crore compared to Rs 256.72 crore. Interest was Rs 18.98 crore down from Rs 24.37 crore. Depreciation has gone up to Rs 11.69 crore as against Rs 13.09 crore. -- Our Bureau

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