HPL Electric & Power posts 25 pc growth in consumer segment during Q3 ANI | Updated: Jan 13, 2021 12:09 IST
Noida (Uttar Pradesh) [India], Jan 13 (ANI): HPL Electric and Power has posted 25 per cent year-on-year sales growth in consumer segment to Rs 135 crore during the third quarter of current fiscal.
The revenue share of consumer segment stood at 61 per cent during Q3 FY21 as compared to 44 per cent in the same period of last year. The metering business revenue witnessed a growth of 17 per cent in Q3 FY21 compared to Q2 FY21.
However, the performance remained subdued as inspections remained lower due to Covid-19 related disruptions. As a result, the metering revenue has been deferred to the forthcoming quarters.