Sadbhav Engineering has reported results for third quarter ended December 31, 2015.
The company has reported 27.51% fall in its net profit at Rs 27.35 crore for the quarter ended December 31, 2015 as compared to Rs 37.73 crore for the same quarter in the previous year. However, the company’s total income has increased by 4.25% to Rs 754.25 crore for the quarter under review from Rs 723.52 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.
