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Last Updated : Nov 06, 2017 08:42 PM IST | Source: PTI

GIPCL net up 5.5% at Rs 53.31 crore in Q2

The company's standalone net profit was Rs 50.52 crore for the quarter ended September 30, 2016, GIPCL said in a BSE filing today.

 
 
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Gujarat government-run Gujarat Industries Power Company Limited(GIPCL) today posted a 5.5 percent jump in its standalone net profit at 53.31 crore in the quarter ended on September 30, 2017.

The company's standalone net profit was Rs 50.52 crore for the quarter ended September 30, 2016, GIPCL said in a BSE filing today.

According to the statement, the company's total income for the quarter was Rs 325.78 crore in the quarter compared to Rs 336.32 crore.

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The company's standalone net profit in the April- September period was Rs 116.23 crore as compared to Rs 105.49 crore a year ago.

The GIPCL is into the business of power generation.

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First Published on Nov 6, 2017 08:39 pm
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