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Schneider Electric sizzles after turnaround Q3 performance

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Capital Market
Last Updated : Feb 06 2020 | 11:16 AM IST

Schneider Electric Infrastructure hit upper circuit limit of 20% at Rs 94.35 after the company reported a net profit of Rs 30.03 crore in Q3 December 2019 as against a net loss of Rs 6.30 crore in Q3 December 2018.

Net sales rose 9.9% to Rs 480.69 crore in Q3 December 2019 from Rs 437.35 crore in Q3 December 2018. The result was announced after market hours yesterday.

Schneider Electric Infrastructure is engaged in the business of manufacturing, designing, building and servicing technologically advanced products and systems for electricity distribution.

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First Published: Feb 06 2020 | 10:43 AM IST

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