GVK Power & Infra net profit at Rs 42 cr; stock up

GVK Power & Infrastructure’s reported consolidated net profit of Rs 41.91 crores for the quarter ended December 2010 against Rs 42.81 crores previous quarter.

MUMBAI: GVK Power & Infrastructure’s reported consolidated net profit of Rs 41.91 crores for the quarter ended December 2010 against Rs 42.81 crores previous quarter. Net sales rose to Rs 459.56 crores in December 2010 quarter as compared to Rs 503.43 crores in September 2010 quarter.

The stock was at Rs 33.10, up 0.76 per cent on the NSE. It moved between a high of Rs 33.20 and low of Rs 31.30 in trade so far.
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