GVK Power & Infrastructure Q4 net Rs 10.6 cr

GVK Power & Infrastructure Limited (GVKPIL) has posted a nearly two-fold jump in net profit at Rs 10.57 crore for the fourth quarter ended March 31.


MUMBAI: GVK Power & Infrastructure Limited (GVKPIL) has posted a nearly two-fold jump in net profit at Rs 10.57 crore for the fourth quarter ended March 31, as against Rs 5.70 crore recorded in the corresponding period in the previous fiscal.

The gross income of the Secunderabad-based company grew over eight-fold to Rs 81.41 crore for the three-months ended March 31, as compared to Rs 9.41 crore for the same period in 2006, GVKPIL informed the National Stock Exchange.

GVKPIL is a holding company of the power businesses of diversified business group GVK.

The company has equity stake in GVK companies engaged in the generation of electricity in Andhra Pradesh.

Shares of the GVKPIL were last trading at Rs 322, up 0.50 per cent on NSE.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Industry › Energy › Power › GVK Power & Infrastructure Q4 net Rs 10.6 cr
Text Size:AAA
Success
This article has been saved

*

+