TRF, a Tata Group firm, today said its consolidated net profit for the third quarter ended December 31, 2008, declined 80.69 per cent at Rs 1.16 crore as against Rs 6.01 crore in the same quarter last financial year, the company said in a filing to the Bombay Stock Exchange.
While, consolidated total income rose to Rs 184.42 crore in the quarter under review from Rs 99.45 crore a year ago.
On the standalone basis, the engineering firm has registered a net profit of Rs 6.71 crore in the December quarter, a 21.55 per cent growth over the same period a year ago. It had a net profit of Rs 5.52 crore in the December quarter last fiscal.
For the nine-month period ended December 31, 2008, the firm has posted a consolidated net profit of Rs 19.82 crore against Rs 17.13 crore last fiscal.
TRF was up 1.66 per cent and trading at Rs 272.70 in the afternoon trade on the BSE.