Gujarat Industries Power has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a fall of 16.14% in its net profit at Rs 69.14 crore for the quarter ended March 31, 2018 as compared to Rs 82.45 crore for the same quarter in the previous year. However, total income of the company increased by 6.88% at Rs 402.76 crore for quarter under review as compared to Rs 376.84 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a rise of 6.66% in its net profit at Rs 244.51 crore as compared to Rs 229.24 crore for the previous year. Total income of company increased marginally by 2.43% at Rs 1,415.18 crore for year under review as compared to Rs 1,381.58 crore for year ended March 31, 2017.
