Q3FY17 Results : Ingersoll-Rand (India) Ltd

Bhagyashree Vivarekar / 14 Feb 2017

Q3FY17 Results : Ingersoll-Rand (India) Ltd

The company reported PAT of Rs. 21.2 crore, which represents a sequential QoQ increase of 6.53 per cent and a YoY decline of 0.93 percent.

Ingersoll-Rand (India) Ltd. reported its standalone results for the quarter ended December 31, 2016 today. 

The company reported sales of Rs 168.9 crore for Q3FY17, which represents a 1.69 per cent sequential increase and 11.15 per cent YoY decline.

Its operating profit (EBIT) for the quarter came in at Rs 19.7 crore and its EBIT margin stood at 11.66 per cent.

The company reported PAT of Rs. 21.2 crore, which represents a sequential QoQ increase of 6.53 per cent and a YoY decline of 0.93 per cent.

Ingersoll-Rand (India) Ltd is an Indian company providing industrial solutions and climate control markets. The company operates in the air solutions segment which consists of reciprocating compressors, centrifugal compressors and system components and other segment.