GVK Infra Q1 net up 76% to Rs 59 crore

The Hyderabad based infrastructure developer GVKPIL (GVK Power & Infrastructure)  has posted  about 76% up in net profit for the June quarter at Rs 60 crore as against Rs 33 crore in the same period last year. Net sales for the period stood at Rs 632 crore, a 27% rise over Rs 497 crore year-on-year.

 GVK Infra's airport projects, including those at Mumbai and Bangalore posted a growth of  about 20% and 17% respectively, in revenues for the quarter.

The Jaipur expressway project recorded an increase of 14% in the revenue.
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