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GVK Power reports consolidated net loss of Rs 235.57 crore in Q2

15 Nov 2014 Evaluate

GVK Power & Infrastructure has reported results for second quarter ended September 30, 2014.

The company has reported a net loss of Rs 10.25 crore for the quarter ended September 30, 2014 as compared to a net loss of Rs 6.36 crore for the same quarter in the previous year. Total income has decreased by 3.40% at Rs 14.48 crore for quarter under review as compared to Rs 14.99 crore for the quarter ended September 30, 2013.

On consolidated basis, the company reported a net loss of Rs 235.57 crore for the quarter under review as against a net loss of Rs 57.19 crore in the September quarter of previous fiscal. The company’s total income has decreased marginally by 0.43% at Rs 727.29 crore for the quarter from Rs 730.40 crore in the similar quarter of previous year.

 

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