Sadbhav Engineering’s Q1 net surges 20%

Sadbhav Engineering has reported results for first quarter ended June 30, 2016.

The company has registered 19.99% rise in its net profit at Rs 48.68 crore for the quarter as compared to Rs 40.57 crore for the same quarter in the previous year. However, total income of the company decreased by 2.49% at Rs 811.72 crore for quarter under review as compared to Rs 832.49 crore for the quarter ended June 30, 2015.

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.