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Sadbhav Engineering reports over two fold jump in Q2 net profit

04 Nov 2015 Evaluate

Sadbhav Engineering has reported results for second quarter ended September 30, 2015.

The company has reported over two fold jump in its net profit at Rs 26.20 crore for the quarter ended September 30, 2015 as compared to Rs 10.14 crore for the same quarter in the previous year. The company’s total income has increased by 25.54% to Rs 748.74 crore for the quarter under review from Rs 596.42 crore for the corresponding quarter of the previous year.

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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