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Sadbhav Engineering reports 64% fall in Q2 net profit

15 Nov 2014 Evaluate

Sadbhav Engineering has reported results for second quarter ended September 30, 2014.

The company has posted a fall of 63.88% in its net at Rs 10.14 crore for the quarter ended September 30, 2014 as compared to Rs 28.07 crore for the same quarter in the previous year. However, total income has increased by 58.08% at Rs 596.42 crore for quarter under review as compared to Rs 377.28 crore for the quarter ended September 30, 2013.

Sadbhav Engineering (SEL) is one of the largest BOT developers in the road sector in India with good project execution skills. SEL operates in the four distinct business areas in the infrastructure sector viz. BOT road projects, cash contract-based road projects, irrigation projects and mining.

Peers
Company Name CMP
Larsen & Toubro 3928.00
Kalpataru Projects 1412.20
NCC 136.00
Rail Vikas Nigam 211.60
KEC International 402.35
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