Latest News | Hind Rectifiers Posts 95 Pc Jump in March Quarter Net Profit

New Delhi, May 5 (PTI) Hind Rectifiers on Monday reported a 95 per cent jump in consolidated net profit to Rs 9.99 crore in the March quarter compared to Rs 5.11 crore in the year-ago period on higher income.

Total income rose to Rs 185.39 crore from Rs 151.73 crore in the same quarter a year ago, the company said in an exchange filing.

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The board also approved a final dividend of Rs 2 per equity share for the financial year 2024-25.

Hind Rectifiers is into developing, designing, manufacturing and marketing power electronic equipment and railway transportation equipment.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)