The company had posted a net loss of Rs 13.41 crore in the corresponding quarter a year earlier, GVK Power and Infrastructure said in a regulatory filing to stock exchanges.
Total revenue during the quarter rose to Rs 20.16 crore as compared to Rs 18.55 crore, it said.
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He, however, will continue on the board as a non-executive chairman, it said.
The board also approved the appointment of P V Prasanna Reddy as a whole-time director of the company for a period of three years from November 11, 2017, without any remuneration.
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