GVK Power & Infrastructure has reported results for first quarter ended June 30, 2015.
The company has reported a net loss at Rs 7.14 crore for the quarter ended June 30, 2015 as compared to net loss Rs 8.31 crore for the same quarter in the previous year. The company’s total income has decreased by 22.37% to Rs 11.35 crore for the quarter under review from Rs 14.62 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported net loss after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs 123.92 crore for the quarter ended June 30, 2015 as compared to net loss Rs 281.33 crore for the same quarter in the previous year. However, total income of the company has increased by 38.05% at Rs 1018.53 crore for quarter under review as compared to Rs 737.81 crore for the quarter ended June 30, 2014.
