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    HomeNewsBusinessEarningsExpect to report profit by end of FY19: Sadbhav Infrastructure

    Expect to report profit by end of FY19: Sadbhav Infrastructure

    Sadbhav Infrastructure Projects is in focus on the back of its Q3 numbers. In an interview to CNBC-TV18, Nitin Patel, Director of the Company discussed the company's Q3 performance.

    CNBC-TV18
    February 20, 2018 / 14:50 IST

    Sadbhav Infrastructure Projects is in focus on the back of its Q3 numbers. In an interview to CNBC-TV18, Nitin Patel, Director of the Company discussed the company's Q3 performance.

    Patel said that the company is generating net cash every quarter. Therefore, we expect to report profit by end of FY19.

    We have already generated cash profit of Rs 87 crore in Q3, he added.

    He further added that 8 Special Purpose Vehicles (SPVs) have undergone re-financing.

    Operational SPVs have a debt of Rs 7,010 crore, he mentioned.

    For entire interview, watch accompanying video.

    CNBC-TV18
    first published: Feb 20, 2018 02:45 pm

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