Breaking News

You are here » Indian-Commodity  :  Top News  :  Sadbhav Infrastructure Project reports consolidated net loss of Rs 68.43 crore in Q2

06-Nov2018

Sadbhav Infrastructure Project reports consolidated net loss of Rs 68.43 crore in Q2

Sadbhav Infrastructure Project has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 5.20% in its net profit at Rs 23.32 crore for the quarter under review as compared to Rs 24.60 crore for the same quarter in the previous year. Total income of the company decreased by 13.80% at Rs 94.41 crore for Q2FY19 as compared Rs 109.52 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 68.43 crore for the quarter under review as compared to net loss of Rs 90.87 crore for the same quarter in the previous year. Total income of the company jumped over 2 folds to Rs 854.11 crore for Q2FY19 as compared Rs 399.04 crore for the corresponding quarter previous year.


Related News

View all news

Crude oil futures settle lower on Wednesday

Crude oil futures settled lower on Wednesday following a report that the European Union may soon launch a mechanism that will allow companies to bypass US sanctions, and trade with Iran. However, losses......

Copper futures end lower on Tuesday

Copper futures ended lower on Tuesday as global equities slumped after the International Monetary Fund (IMF) on Monday warned of a darkening growth outlook. In its World Economic Outlook report, the IMF......

Physical Rubber prices witness some weakness on Tuesday

Physical Rubber prices showed some weakness on Tuesday amidst dull volumes in the market. Spot prices for RSS-4 variety remained unchanged at Rs 125/kg; while the RSS-5 variety declined to Rs 120/kg compared......

Top News

View all news

Spice Mobility incorporates foreign subsidiary in Nepal

Spice Mobility has incorporated 'Digispice Nepal', a 100% foreign subsidiary of the company, in Nepal. The main object of the company is to operate in the information technology industry and provide software......

CARE assigns 'Al+' rating to EID Parry's CP

Credit rating agency, CARE has assigned rating of 'Al+' to EID Parry's Commercial Paper (CP) worth Rs 950 crore. The rating assigned to the CP factors in strong parentage of EID, benefits derived from......

Hathway Cable & Datacom reports 73% fall in Q3 net profit

Hathway Cable & Datacom has reported results for third quarter ended December 31, 2018.The company has reported 73.02% fall in its net profit at Rs 6.44 crore for the quarter under review as compared......