Gayatri Projects Q2 net profit improves at Rs 7.3 crore

The income from operations during the quarter under review stood at Rs 317.20 crore

Image
BS Reporter Hyderabad
Last Updated : Nov 14 2015 | 4:38 PM IST
Hyderabad-based Gayatri Projects Limited has reported a net profit at Rs 7.3 crore for the quarter ended September 2015 as compared with Rs 1.13 crore in the corresponding quarter previous year.

The income from operations during the quarter under review stood at Rs 317.20 crore, an increase of little over 4 per cent compared to Rs 306.33 crore in the year ago period.

However, there was a decline both in terms of revenue and profits on a sequential basis. In the first quarter ending June, 2015 the company had reported Rs 405 crore income from operations with a net profit of Rs 10.69 crore for the three month period.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 14 2015 | 3:30 PM IST

Next Story