Sadbhav Engineering Q1 net grows 46% to Rs 39 cr

Total income from operations up 21% at Rs 829 core, from Rs 685 cr a year ago

Sadbhav Engineering today reported a 46.2 per cent rise in stand-alone net profit at Rs 39.47 crore for the June quarter.

The company's net profit in the same quarter of the previous fiscal stood at Rs 26.99 crore, Sadbhav Engineering said in a regulatory filing.

Total income from operations during the quarter came in at Rs 829.28 core, from Rs 685.50 crore a year ago, up 20.9 per cent.

The total expenditure of the company came in at Rs 760.22 crore as against Rs 635.95 crore in the year-ago quarter.

The stock was trading at Rs 345.15 on BSE, up 3.23 per cent.