 "Panasonic sets up R&D units with TCS, Tata Elxsi")
During the reporting quarter, the company reduced expenses to Rs 58.55 crore from Rs 74.02 crore in the three-month period a year ago.
Panasonic Energy India Company Ltd (PECIN) on Monday reported a profit after tax of Rs 4.14 crore in June quarter, up from Rs 2.59 crore in the year-ago period.
The company’ total income fell to Rs 64.18 crore in the first quarter of this fiscal from Rs 77.48 crore in the April-June period of preceding 2023-24 financial year, Panasonic Energy India said in an exchange filing.
During the reporting quarter, the company reduced expenses to Rs 58.55 crore from Rs 74.02 crore in the three-month period a year ago.
Part of Panasonic Holdings Corporation, Panasonic Energy India Co. Ltd is one of India’s largest manufacturers and suppliers of dry cell batteries.
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First Published: Aug 12 2024 | 7:16 PM IST
