Indsil Hydro Power net profit down 11% at Rs 4.21 cr

Indsil Hydro Power and Manganese Ltd today reported a 11 per cent fall in standalone net profit at Rs Rs 4.21 crore for the December quarter.
The company's net profit in the corresponding period of the previous fiscal stood at Rs 4.77 crore.
Its total income from operations rose to Rs 28.48 crore in the quarter under review compared with Rs 27.68 crore during the same quarter in the year-ago period, the company said in a statement.
The revenue of the company from ferro alloys rose to Rs 26.19 crore in third quarter as against Rs 25.72 crore a year ago.

Similarly, revenue from hydro power also increased to Rs 8.76 crore in the quarter under review compared to Rs 7.5 crore in the same period last fiscal.
Shares of the company were trading 1.80 per cent up at Rs 39.10 on BSE.