Sadbhav Engineering reports 9% fall in Q3 net profit

14 Feb 2019

Sadbhav Engineering has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 9.01% in its net profit at Rs 56.25 crore for the quarter under review as compared to Rs 61.82 crore for the same quarter in the previous year. Total income of the company increased by 10.81% at Rs 938.28 crore for Q3FY19 as compared Rs 846.76 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.

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