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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.

February 20, 2018 / 14:50 IST
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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.

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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.