SPML Infra posts Rs 8cr net in FY 18' Q2

SPML Infra Ltd today said the company posted a net profit of Rs 8.15 crore for the Q2 period ended September 30, 2017 as against net loss of Rs 3.69 crore in the corresponding period last year.
The net sale for the period was Rs 205.19 crore.
"Our efforts towards consolidation of our finances post S4A scheme implementation will help us in focusing more on project execution and wining new projects," SPML Infra chairman Subhash Sethi said.
He expressed hope that the company's financials would gain momentum in the remaining two quarters.
"With improved profitability, we will be in a better position to declare good benefits to our shareholders," Sethi said.