Elecon Engineering Company Ltd has announced its Financial Results for the period ended December 31st 2011. The company has posted net profit of INR 152.28 million for the quarter ended December 31st 2011 as compared to INR 368.23 million for the quarter ended December 31st 2010, representing a decrease of 58.65%.

The company’s total income was at INR 3011.54 million for the quarter ended December 31st 2011 where as the same was at INR 3017.64 million for the quarter ended December 31st 2010, representing a decrease of 0.20%.

The company has posted net profit of INR 457.08 million for the 9 months period ended December 31st 2011 as compared to INR 643.55 million for the 9 months period ended December 31st 2010, representing a decrease of 28.98%.

The company’s total income was at INR 8952.68 million for the 9 months period ended December 31st 2011 where as the same was at INR 8278.18 million for the 9 months period ended December 31st 2010, representing an increase of 8.15%.

(Sourced from Equity Bulls)