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MBL Infrastructures reports consolidated net profit of Rs 42 crore in Q2

13 Nov 2020 Evaluate

MBL Infrastructures has reported results for the second quarter ended September 30, 2020.

The company has reported over 6-fold jump in its net profit at Rs 41.91 crore for the quarter under review as compared to net profit of Rs 6.41 crore for the same quarter in the previous year. Total income of the company increased by 9.66% at Rs 54.48 crore for Q2FY21 as compared Rs 49.68 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 42.26 crore for the quarter under review as against net loss of Rs 11.50 crore for the same quarter in the previous year. Total income of the company increased by 15.94% at Rs 74.25 crore for Q2FY21 as compared Rs 64.04 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Larsen & Toubro 3878.65
Kalpataru Projects 1435.95
NCC 136.00
Rail Vikas Nigam 207.20
KEC International 399.00
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