GVK Power Q2 loss widens to Rs77 crore - News Summed Up

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GVK Power Q2 loss widens to Rs77 crore


Total revenue during the quarter rose to Rs20.16 crore as compared to Rs18.55 crore. Photo: MintNew Delhi: GVK Power and Infrastructure on Saturday reported a net loss of Rs76.94 crore for the quarter ended 30 September 2017. The company had posted a net loss of Rs13.41 crore in the corresponding period a year ago, GVK Power and Infrastructure said in a regulatory filing to stock exchanges. Total revenue during the quarter rose to Rs20.16 crore as compared to Rs18.55 crore, it said. In a separate filing, GVK Power and Infrastructure said its board has accepted the resignation of GVK Reddy as managing director of the company.


Source: Mint November 11, 2017 09:33 UTC



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