Schneider Electric Infrastructure Reports 39% Rise in Net Profit

Schneider Electric Infrastructure reported a 39% increase in net profit, reaching Rs 48.48 crore for the June 2024 quarter. This growth is attributed to higher revenues. The net profit for the same period last year was Rs 34.92 crore, with total income rising to Rs 595.51 crore from Rs 497.57 crore.

Schneider Electric Infrastructure on Monday reported a substantial 39 percent increase in its net profit, reaching Rs 48.48 crore for the June 2024 quarter, largely due to a surge in revenues.

The company's net profit stood at Rs 34.92 crore in the corresponding quarter last year, according to a BSE filing.

Additionally, the total income for the quarter saw a noticeable rise, amounting to Rs 595.51 crore from Rs 497.57 crore a year ago.

(With inputs from agencies.)