Gammon India reports standalone net profit of Rs 361.66 crore in the September 2014 quarter

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Sales decline 13.64% to Rs 902.97 crore
Net profit of Gammon India reported to Rs 361.66 crore in the quarter ended September 2014 as against net loss of Rs 261.54 crore during the previous quarter ended September 2013. Sales declined 13.64% to Rs 902.97 crore in the quarter ended September 2014 as against Rs 1045.58 crore during the previous quarter ended September 2013.For the full year,net profit reported to Rs 67.80 crore in the year ended September 2014 as against net loss of Rs 765.91 crore during the previous year ended December 2013. Sales declined 9.52% to Rs 2966.99 crore in the year ended September 2014 as against Rs 3279.31 crore during the previous year ended December 2013.
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First Published: Dec 06 2014 | 4:16 PM IST