Sadbhav Engineering has reported results for first quarter ended June 30, 2018.
The company has reported 9.23% fall in its net profit at Rs 63.41 crore for the quarter under review as compared to Rs 69.86 crore for the same quarter in the previous year. Total income of the company decreased by 16.79% at Rs 922.26 crore for Q1FY19 as compared Rs 1,108.36 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.