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.

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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.