Moneycontrol
Aug 11, 2017 05:44 PM IST | Source: PTI

GVK Power back in black with Rs 6.77 cr profit

GVK Power & Infrastructure reported a standalone net profit of Rs 6.77 crore in the quarter ended June 30, 2017 on the back of higher revenues.

GVK Power back in black with Rs 6.77 cr profit

Swinging back to black, GVK Power & Infrastructure reported a standalone net profit of Rs 6.77 crore in the quarter ended June 30, 2017 on the back of higher revenues.

The company had reported a standalone net loss of Rs 51.04 crore for the quarter ended June 30, 2016, GVK Power and Infrastructure said in BSE filing.

According to the statement, the company's total income increased to 22.42 crore in the first quarter from Rs 16.85 crore in the year-ago period.
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