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Had Rs 700 crore of revenues in Q3FY18: SVP Global Ventures

SVP Global Ventures delivered a good set of third-quarter earnings led by margin expansion. The profit has also increased due to higher other income. In an interview with CNBC-TV18, Chirag Pittie, MD of SVP Global Ventures spoke about the results and his outlook for the company.
Feb 15, 2018 / 02:56 PM IST

SVP Global Ventures delivered a good set of third-quarter earnings led by margin expansion. The profit has also increased due to higher other income. In an interview with CNBC-TV18, Chirag Pittie, MD of SVP Global Ventures spoke about the results and his outlook for the company.

We had about Rs 700 crore of revenue in Q3 of FY18 compared to about Rs 400 crore of last quarter, he said.

We have seen a very sharp increase in EBITDA – last year same quarter we were at about Rs 50 crore and for this quarter we are at about Rs 73 crore - as well as in profit after tax (PAT), which has grown from Rs 9 crore last year to about Rs 20 crore this year, he added.

For full interview, watch accompanying video...
CNBC TV18
first published: Feb 15, 2018 02:56 pm
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