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GVK Power & Infrastructure posted Q2 loss of Rs. 6.55 crore

 2015-11-11 04:44:12.0

GVK-Power_1 Hyderabad: �GVK Power & Infrastructure said it posted a standalone net loss of Rs.6.55 crore for the second quarter of 2015-16 against a net loss of Rs.10.25 crore in the last quarter.�According to the unaudited standalone results posted on the Bombay Stock Exchange (BSE), the company total income from operations declined to Rs.12.33 crore from Rs.14.48 crore recorded in Q2 2014-15. GVK Power & Infrastructure incurred an expenditure of Rs.3.39 crore in the analysed quarter against Rs.3.13 crore incurred in the last quarter.�On a consolidated basis, the company reported a net loss of Rs.123.5 crore against a net loss of Rs.235.5 crore clocked in Q2 2014 � 15 while total income from operations rose to Rs.1,115 crore from Rs.727.2 crore posted in the year ago quarter. The company incurred a total expenditure of Rs.817.38 crore in Q2 2015-16 against Rs.689.01 crore incurred in the last quarter. (IANS)

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