GVK Power posts Rs 44-cr loss in Q2

V. Rishi Kumar Updated - November 22, 2017 at 07:04 PM.

11GVK Power cl.eps

GVK Power & Infrastructure Ltd posted a loss of Rs 43.66 crore for the second quarter ended September 30, 2012, on a consolidated basis, as against a net profit of Rs 37.92 crore for the corresponding quarter last year.

Sales income for the second quarter, however, shot up to Rs 640.35 crore as against Rs 477.38 crore for the year-ago period.

The company performance was impacted by the poor supply of gas for its gas-based power plants located in Andhra Pradesh.

>rishikumar.vundi@thehindu.co.in

Published on November 10, 2012 09:36