Sembcorp Energy India Ltd Wednesday posted a 12 per cent rise in its first quarter net profit at Singapore dollar 75 million (about Rs 385.12 crore) on the back of better performance of its renewable energy business.
The Singapore-based Sembcorp Industries’ Indian arm had posted Singapore dollar SGD 67 million profit in the same period of the previous year, the company said in a statement.
Sembcorp Energy India Ltd (SEIL) reported a turnover of SGD 386 million (about Rs 8,873 crore) in the quarter under review amid stress in the Indian power sector. Read More
Latest posts by The Economic Times (see all)
- Tamil Nadu discom to halt wind and solar auctions - May 20, 2019
- Tamil Nadu: Opposition To Gail Pipeline Gathers Steam, 1 Arrested - May 19, 2019
- Price action suggests a major rally is likely in crude oil prices - May 18, 2019