Mumbai-based diversified company, Crompton Greaves has posted a consolidated net profit increase of 49 per cent at Rs 123.22 crore for the quarter ended December 31, 2008, as compared to Rs 82.71 crore in the same quarter a year ago.
Net sales of the company grew 25 per cent at Rs 2,149.80 crore for the reporting quarter as compared to Rs 1,713.51 crore.
Shares of the company trading flat at Rs 130 on the Bombay Stock Exchange as compared to previous close.