{"id":275977,"date":"2019-05-24T11:42:18","date_gmt":"2019-05-24T11:42:18","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=275977"},"modified":"2019-05-24T11:42:18","modified_gmt":"2019-05-24T11:42:18","slug":"gvk-power-march-qtr-profit-trebles-to-rs-69-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gvk-power-march-qtr-profit-trebles-to-rs-69-cr\/","title":{"rendered":"GVK Power March qtr profit trebles to Rs 69 cr"},"content":{"rendered":"<p>GVK Power and Infrastructure on Friday said its standalone net profit in the March quarter nearly trebled to Rs 69.38 crore on the back of higher revenues.<\/p>\n<p>The company&#8217;s net profit in January-March, 2017-18 stood at Rs 23.14 crore, a BSE filing said.<\/p>\n<p>Total income rose to Rs 34.48 crore in the latest quarter from Rs 28.22 crore in the year-ago period.<\/p>\n<p>During the last fiscal, the company clocked a profit of Rs 113.94 crore. It suffered a loss of Rs 36.08 crore in the previous fiscal. Total income in 2018-19 rose to Rs 100.31 crore from Rs 92.14 crore in the previous year.<\/p>\n<p>The board has approved reappointment of A Issac George as Director and CFO of the company for five years from May 24, 2019, it said.<\/p>\n<p>GVK Power has businesses in power, road and airport sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GVK Power and Infrastructure on Friday said its standalone net profit in the March quarter nearly trebled to Rs 69.38 crore on the back of higher revenues. The company&#8217;s net profit in January-March, 2017-18 stood at Rs 23.14 crore, a BSE filing said. Total income rose to Rs 34.48 crore in the latest quarter from Rs 28.22 crore in the year-ago period. During the last fiscal, the company clocked a profit of Rs 113.94 crore. It suffered a loss of Rs 36.08 crore in the previous fiscal. Total income in 2018-19 rose to Rs 100.31 crore from Rs 92.14 crore [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-275977","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=275977"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275977\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}