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Gammon Infrastructure Projects Q1 net flat at Rs 6 cr

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Press Trust of India New Delhi
Last Updated : Aug 25 2016 | 6:32 PM IST
Gammon Infrastructure Projects Ltd has reported a flat standalone net profit at Rs 5.88 crore for the first quarter ended June 30.
The company had posted a standalone net profit of Rs 5.98 crore in the year-ago period, Gammon Infrastructure Projects said in a BSE filing.
However, total income from operations during April-June period increased to Rs 80.85 crore from Rs 67.27 crore in the corresponding quarter of previous fiscal.
Total expenses of the company also increased to Rs 70.65 crore compared with Rs 53.23 crore in the year-ago period.
Gammon Infrastructure Projects Ltd is an infrastructure project development company incorporated by Gammon India Ltd, to participate in the development of infrastructure projects on a public private partnership basis.

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First Published: Aug 25 2016 | 6:32 PM IST

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