August 17, 2026 07:27 am (IST)

Make this your homepage

All Finance

After SC rebuke, BCI chief apologises to NALSAR students over enrolment freeze row | Independence Day: PM Modi’s big youth pitch— AI training, free coaching amid exam row and job concerns | ‘Shakti Ki Saptadhara’: Modi reveals 7 pillars to power India’s next leap in his I-Day speech from Red Fort | West Bengal STF arrests 3 more suspected Pakistani spies in Cooch Behar | Bengal man arrested in Bengaluru over terror links, Afghanistan travel plan | Ajit Doval breaks silence on Operation Sindoor in Discovery’s explosive new docuseries | Rahul Gandhi's 'mock hug' taunt sparks row; Centre stresses 'mutual respect' with Italy | Delhi on high alert: Bomb threat to High Court, airport and multiple locations ahead of I-Day | ‘Who are they to interfere?’: CJI Surya Kant slams Bar Council of India over NALSAR students’ enrolment row | 'Shows how low Congress has sunk': BJP slams Rahul Gandhi over Modi foreign policy jibe

GVK Power & Infrastructure Limited announces Q2 consolidated financial results

India Blooms News Service | | Nov 10, 2015, at 06:52 pm

Hyderabad, Nov 10 (IBNS): GVK Power & Infrastructure Limited (GVKPIL) on Tuesday announced its unaudited consolidated financial results for the quarter ended Sep 30, 2015 after its financial results were taken on record by the Board of Directors at its meeting.

GVKPIL registered a consolidated total income from operations of Rs. 1,068.32 Crore for the quarter ended Sep 30, 2015, as against Rs. 698.76 Crore during the corresponding quarter of the previous year recording an increase of 52.9%.

EBIDTA at a consolidated level for the year stood at Rs. 504.22 Crore as against Rs. 266.22 Crore in the previous year recording an increase of 89.4%.

EBIDTA margin at consolidated level improved to 47.2% as compared to 38.1% in previous year. Net loss at consolidated level for the quarter ended Sep 30, 2015 is Rs. 123.50 Crore as against Rs. 235.56 Crore in the corresponding quarter of the previous year.

"The losses for the quarter are attributable mainly to the restricted supply of gas for Jegurupadu Phase I and nil supply to Jegurupadu Phase II and Gautami Power Plant as a result of which the plants did not operate at full capacity and higher interest cost on acquisition loans," a comapny statement said.

MIAL-Mumbai International Airport Private Limited recorded revenue of Rs. 636.17 Crore for the quarter ended Sep 30, 2015 as against that of Rs. 580.67 Crore for the same period in the previous year registering an increase of 9.6%. Net loss for the quarter ended Sep 30, 2015 is Rs. 11.53 Crore as against net loss of Rs. 68.87 Crore in the corresponding quarter of the previous year.

BIAL – Bangalore International Airport Limited recorded a revenue of Rs. 278.40 Crore for the quarter ended Sep 30, 2015 as against Rs. 234.36 Crore for the previous year registering an increase of 18.8%. EBIDTA margin improved to 70.7% as compared to 66.3% in the previous year. Net adjusted profit for the quarter ended Sep 30, 2015 is Rs. 100.63 Crore as against Rs. 5.57 Crore for the previous year.

PT GVK Services - PT GVK Services, BALI has recorded revenue of Rs. 25.59 Crore for the quarter ended Sep 30, 2015 as against Rs. 12.11 Crore for the previous year registering an increase of 111.31%.

GVK Jaipur Expressway Private Limited recorded revenue of Rs. 78.71 Crore for the quarter ended Sep 30, 2015 as against Rs.73.88 Crore for the previous year registering an increase of 6.54%. Net profit for the quarter ended Sep 30, 2015 is Rs.25.23 Crore as against Rs. 16.80 Crore in the previous year registering an increase of 50.24%. Traffic increased by 9.46% over the same period in the previous year.

Deoli-Kota Expressway, 332.16 lane km project, commenced partial commercial operations during the quarter on 25th Aug, 2015 . It recorded revenue of Rs. 3.89 Crore for 37 days in the quarter ended Sep 30, 2015. Net loss for the quarter ended Sep 30, 2015 is Rs.13.08 Crore

The three gas based projects i.e. 464 MW GVK Gautami Power Limited and 235 MW Phase I & 220 MW Phase II projects of GVK Industries Limited and one Hydel power project i.e. 330 MW Alaknanda Hydro Power Company Limited have recorded revenue of Rs. 311.19 Crore for the quarter ended Sep 30, 2015 as against Rs. 32.08 Crore for the previous year.

"This improvement is mainly due to the commencement of commercial operation of Alaknanda Hydro Power Company Limited during the previous quarter. Net loss for the quarter ended Sep 30, 2015 is Rs. 31.42 Crore as against Rs. 59.18 Crore in the previous year. Two Gas based plants with a capacity of 684 MW were not in operation due to stoppage of gas supply from KG basin," the statement stated.

#GVK Power & Infrastructure Limited # Q2 consolidated financial results

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata Jul 19, 2026, at 10:57 pm

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am