October 20, 2015 / 12:45 PM / 2 years ago

Canadian Pacific Railway's profit drops 19 pct

Oct 20 (Reuters) - Canadian Pacific Railway Ltd’s quarterly profit fell 19 percent, hurt by a strong dollar.

The company’s net income fell to C$323 million ($248.4 million), or C$2.04 per share, in the third quarter ended Sept. 30 from C$400 million, or C$2.31 per share, a year earlier.

Total revenue rose 2.3 percent to C$1.71 billion. ($1 = C$1.30) (Reporting by Shubhankar Chakravorty in Bengaluru)

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