GPT Infraprojects reports 4% rise in Q1 consolidated net profit

GPT Infraprojects has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 16.42% in its net profit at Rs 3.12 crore for the quarter under review as compared to Rs 2.68 crore for the same quarter in the previous year. Total income of the company increased by 16.80% at Rs 145.53 crore for Q1FY19 as compared Rs 124.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 4.12% in its net profit at Rs 5.31 crore for the quarter under review as compared to net profit of Rs 5.10 crore for the same quarter in the previous year. Total income of the company increased by 13.20% at Rs 153.03 crore for Q1FY19 as compared Rs 135.18 crore for the corresponding quarter previous year.