{"id":634528,"date":"2024-02-15T09:48:23","date_gmt":"2024-02-15T04:18:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=634528"},"modified":"2024-02-15T10:21:17","modified_gmt":"2024-02-15T04:51:17","slug":"gvk-power-q3-results-net-loss-at-rs-77-crore-income-more-than-halves","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gvk-power-q3-results-net-loss-at-rs-77-crore-income-more-than-halves\/","title":{"rendered":"GVK Power Q3 results: Net loss at Rs 77 crore, income more than halves"},"content":{"rendered":"<p>GVK Power and Infrastructure Ltd (GPIL) on Wednesday posted a consolidated net loss of Rs 77.39 crore during the third quarter ended December 2023, mainly due to lower income. <\/p>\n<p>It had clocked a net profit of Rs 3,402.47 crore in the October-December 2022 period, the company said in an exchange filing. <\/p>\n<p>The company&#8217;s total income more than halved to Rs 154.82 crore over Rs 342.79 crore a year ago. <\/p>\n<p>Its expenses stood at Rs 225.97 crore against Rs 355.59 crore a year ago. <\/p>\n<p>GVK is an Indian conglomerate with diversified interests across various sectors, including energy, airports, transportation, hospitality and life sciences.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GVK Power and Infrastructure Ltd (GPIL) on Wednesday posted a consolidated net loss of Rs 77.39 crore during the third quarter ended December 2023, mainly due to lower income. It had clocked a net profit of Rs 3,402.47 crore in the October-December 2022 period, the company said in an exchange filing. The company&#8217;s total income more than halved to Rs 154.82 crore over Rs 342.79 crore a year ago. Its expenses stood at Rs 225.97 crore against Rs 355.59 crore a year ago. GVK is an Indian conglomerate with diversified interests across various sectors, including energy, airports, transportation, hospitality and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-634528","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634528","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=634528"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634528\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=634528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=634528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=634528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}