Sadbhav Engineering has reported results for second quarter ended September 30, 2016.
The company has reported 33.32% fall in its net profit at Rs 18.53 crore for the quarter under review as compared to Rs 27.79 crore for the same quarter in the previous year. Total income from operations of the company decreased by 17.78% at Rs 616.41 crore for the quarter under review as compared Rs 749.68 crore for the corresponding quarter previous year.
Sadbhav Engineering 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.