Gammon Infrastructure

No revival till 2014 polls; rate hike to hit infra: Gammon

Gammon Infra feels that the infrastructure sector may see no recovery till 2014 polls as there will be political indecisions and lack of stability. The PPP projects may also see a rise in debts in case banks decided to pass on rate hikes to the customers.

Expect to cross Rs 1000 cr topline for FY14: Gammon Infra

While commenting on the future of his company, KK Mohanty of Gammon Infrastructure said, "We are intending to put three more projects into operation. We will be completing Godavari Bridge, Patna-Hajipur Highway and one of the power project or port projects". These projects will be completed from quarter three onwards.

Gammon Infra to commission 3 key projects in 12-15 mths

Parag Parikh ED & CFO, Gammon Infrastructure Projects, says that the company has posted cash profit of Rs 122 crore for nine months in FY13.

Sales, EBITDA margins bring good numbers for Gammon India

Parag Parikh, ED, Gammon Infrastructure, says that the first quarter results of the company has been over and above the top-line and includes Mumbai-Nashik-Vizag assets.

Gammon Infrastructure posts net profit of Rs 12 cr in Q1

Gammon Infrastructure reported Rs 11.64 crore consolidated net profit for the first quarter ended June 30.

Gammon holds order book of Rs 10,000cr, says CFO

Parag Parikh, CFO, Gammon Infrastructure said that things have slowed down in the broader infrastructure segment over the last six months. The power sector has been worst hit and has almost come to a standstill, opined Parikh.

Gammon Infra likely to post loss of Rs 15 cr in Q4

Gammon Infrastructure is expected to report a consolidated loss at Rs 15 crore for the fourth quarter of FY12 as against profit after tax of Rs 8 crore in a year ago period, according to CNBC-TV18 poll.

Buy Gammon Infrastructure, says Sukhani

Buy Gammon Infrastructure, says Sudarshan Sukhani of s2analytics.com.

Expect traffic to rise on Siddhi-Singrauli belt: Gammon

Gammon Infrastructure bagged order worth Rs 871 crore for four laning of Sidhi - Singrauli stretch from Madhya Pradesh Road Development Corporation on BOT basis.

Infra cos say CRR cut ensures easy access to bank funds

Infrastructure company heads tell CNBC-TV18 that the biggest beneft of RBI’s decision to cut CRR will be far easier access to banking funds.

5 projects start generating revenues in FY13: Gammon Infra

Five of our assets, four of road and one of port, will start generating revenues over the next five quarters, says Parag Parikh, chief financial officer of Gammon Infrastructure.

Change in accounting practice has a one-time cost: Gammon

While high interest cost has hit bottomline for Gammon Infrastructure, there is a Rs 9.5 crore sitting under 'exceptional item' on the company’s Profit and Loss (P&L) statement. Parag Parikh, executive director and chief financial officer of the company tells CNBC-TV18 that the sum is with respect to accounting changes undertaken by the company.

Gammon Infra to be zero debt company post rights issue

In May this year, Gammon Infrastructure had announced plans to raise close to Rs 200 crore from a rights issue. Chief financial officer of the company, Parag Parikh tells CNBC-TV18 that they plan to completely retire the debt of the company through this issue.