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Gammon Infra reports Rs 6-cr net profit in Q3

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Press Trust of India New Delhi
Gammon Infrastructure today reported a consolidated net profit of Rs 5.98 crore for the third quarter of 2014-15 on lower finance costs.

The company had a loss of Rs 31.32 crore in the October-December quarter of last fiscal.

Total income of the company rose to Rs 253 crore in the quarter, from Rs 139 crore a year earlier. Expenses also rose to Rs 175 crore during the period from Rs 100 crore a year ago period.

Finance costs declined to Rs 59 crore in the period under review from Rs 72 crore in the corresponding quarter a year ago.
 

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First Published: Feb 14 2015 | 6:55 PM IST

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