HomeNewsBusinessEarningsLoan repayment helped Q1; 3 new projects to aid Q2: Gammon

Loan repayment helped Q1; 3 new projects to aid Q2: Gammon

Speaking to CNBC-TV18, Kishor Kumar Mohanty, MD, Gammon Infrastructure says the company benefited from fall in interest costs due to repayment of IDFC loan.

August 14, 2015 / 13:54 IST
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Gammon Infrastructure’s net profit rose to Rs 3.8 crore against a loss of Rs 20.6 crore year-on-year. Speaking to CNBC-TV18, Kishor Kumar Mohanty, MD, Gammon Infrastructure says the company benefited from the reduced interest costs due to repayment of IDFC loan.He expects Gammon to benefit from the three projects-- Cogen plant, Godavri bridge and Hazipur-Muzzafarpur road-- this year.For entire interview, watch accompanying video.

first published: Aug 14, 2015 08:59 am

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