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GVK Power reports consolidated net loss of Rs 64.30 crore in Q1

08 Aug 2012 Evaluate

GVK Power & Infrastructure has reported results for first quarter ended June 30, 2012.

The company has reported a net loss of Rs 5.73 crore for the quarter under review as compared to a net loss of Rs 0.34 crore for the same quarter in the previous year. The total income from operation of the company has decreased by 7.03% at Rs 7.14 crore for Q1FY13 as compared Rs 7.68 crore for the corresponding quarter previous year.

On the consolidated basis, the group has reported net loss of Rs 64.30 crore for Q1FY13 as compared to a net profit of Rs 58.92 crore for Q1FY12. However, the total income from operation of the group has increased by 33.68% at Rs 818.55 crore for Q1FY13 as compared Rs 612.31 crore for the corresponding quarter previous year.

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