GVK Power posts 133 percent growth in net profit

April 22nd, 2008 - 8:30 pm ICT by admin  

Mumbai, April 22 (IANS) GVK Power and Infrastructure Ltd Tuesday announced a consolidated net profit of $33.86 million (Rs.1.35 billion) for 2007-08, compared to $14.5 million in the previous fiscal - a 133 percent increase. The consolidated total income increased to $133 million for the year under review from $105.8 million in 2006-07.

The consolidated result has taken into account the performances of GVK Industries Ltd (Phase I), GVK Jaipur Expressway Pvt Ltd and Mumbai International Airport Pvt Ltd.

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