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GVK Power Q1 profit over twofold at Rs 16 cr

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Press Trust of India New Delhi
Last Updated : Aug 14 2018 | 2:30 PM IST

GVK Power & Infrastructure has posted over twofold jump in standalone net profit at Rs 16.11 crore for the June quarter on higher revenues.

The company's net profit during April-June 2017 stood at Rs 6.77 crore, a BSE filing said.

Total income rose to Rs 23.84 crore in the reported quarter from Rs 22.42 crore a year ago.

The company's stock was trading at Rs 11.50, up 0.88 per cent from the previous close on BSE.

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First Published: Aug 14 2018 | 2:30 PM IST

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