Moneycontrol
Nov 30, 2016 05:39 PM IST IST | Source: PTI

GVK Power Q2 net loss widens to Rs 13.41 crore

The company had posted a net loss of Rs 8.09 crore in the corresponding period a year ago, it said in a BSE filing.


GVK Power and Infrastructure today reported a net loss of Rs 13.41 crore for the quarter ended September 30, 2016.


The company had posted a net loss of Rs 8.09 crore in the corresponding period a year ago, it said in a BSE filing.


Total income during the quarter increased to Rs 18.55 crore against Rs 17.11 crore a year ago, according to the statement.


Net sales from operations, however, increased to Rs 7.13 crore as compared to Rs 6.91 crore in the September quarter a year earlier.

The company's operations fall within a single business segment 'Investment, Operations, Management and Consultancy' of infrastructure projects and single geographical segment.

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