New Delhi: Gammon Infrastructure Projects Ltd has reported a flat standalone net profit at Rs 5.88 crore for the fiscal first quarter that ended on June 30.
The company had registered a standalone net profit of Rs 5.98 crore for the corresponding period a year ago, it said in a filing to the BSE.
However, total income from operations during the April-June period increased to Rs 80.85 crore, as against Rs 67.27 crore in the corresponding quarter of the previous fiscal year.
Total expenses of the company also increased to Rs 70.65 crore compared with Rs 53.23 crore in the year-ago period.
Gammon Infrastructure Projects Ltd is an infrastructure project development company incorporated by Gammon India Ltd, to participate in the development of infrastructure projects on a public private partnership basis.
The company had registered a standalone net profit of Rs 5.98 crore for the corresponding period a year ago, it said in a filing to the BSE.
However, total income from operations during the April-June period increased to Rs 80.85 crore, as against Rs 67.27 crore in the corresponding quarter of the previous fiscal year.
Total expenses of the company also increased to Rs 70.65 crore compared with Rs 53.23 crore in the year-ago period.
Gammon Infrastructure Projects Ltd is an infrastructure project development company incorporated by Gammon India Ltd, to participate in the development of infrastructure projects on a public private partnership basis.
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