Engineering firm Greaves Cotton today said its net profit jumped two-folds at Rs 33.61 crore for the third quarter ended March 31, 2010, over the same period last year.
Total income rose to Rs 358.01 crore for the quarter ended March 31, from Rs 240.56 crore in the same period previous fiscal, Greaves Cotton said in a filing to the Bombay Stock Exchange.
The board of directors has proposed a third interim dividend of Rs 2 per share for the financial year 2009-10.
Shares of Greaves Cotton were trading at Rs 349.90 on the BSE, up 2.21 per cent from previous close.