Sadbhav Engineering today reported a 46.2 per cent rise in standalone net profit at Rs 39.47 crore for the June quarter.
The company’s net profit in the same quarter of the previous fiscal stood at Rs 26.99 crore, Sadbhav Engineering said in a regulatory filing.
Total income from operations during the quarter came in at Rs 829.28 core, from Rs 685.50 crore a year ago, up 20.9 per cent.
The company’s total expenditure came in at Rs 760.22 crore as against Rs 635.95 crore in the year-ago quarter.
The stock was trading at Rs 345.15 on the BSE, up 3.23 per cent.