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GVK Power & Infrastructure reports net loss of Rs 51.04 crore in Q1 FY 17

31 Aug 2016 Evaluate

GVK Power & Infrastructure has reported results for first quarter ended June 30, 2016.

The company has reported a net loss of Rs 51.04 crore for the quarter ended June 30, 2016 as against net loss of Rs 3.09 crore for the same quarter in the previous year. Total income of the company however increased by 6.11% at Rs 16.85 crore for quarter under review, as compared to Rs 15.88 crore for the quarter ended June 30, 2015.

GVK Power and Infrastructure is an infrastructure development company. It engages in infrastructure and urban infrastructure projects. The Company provides operation and maintenance services, manpower and consultancy services, and incidental services to owners of power plants, airports and infrastructure companies.

Peers
Company Name CMP
NTPC 326.20
Tata Power 366.80
Adani Power 203.00
Power Grid Corpn. 269.25
Adani Energy Solut. 1339.40
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