GPT Infraprojects Ltd’s net profit declines 40% to Rs 0.94 cr for Q4FY20

New Delhi: Kolkata-based GPT Infraprojects Ltd’s consolidated net profit declined 40 percent to Rs 0.94 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 1.55 crore in the corresponding quarter of the previous fiscal.

The company’s consolidated revenue from operations increased marginally to Rs 187 crore for the fourth quarter of the fiscal 2019-20 as against Rs 172 crore in the corresponding quarter of the previous fiscal.

The consolidated company’s net profit jumped 27 percent to Rs 15 crore for the entire fiscal 2019-20 as compared to Rs 11.76 crore in the previous fiscal. 

The company’s consolidated revenue from operations increased marginally to Rs 618 crore for the entire fiscal 2019-20 as against Rs 577 crore in the previous fiscal.

The consolidated total expenses of the company increased to Rs 1,874 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 1,766 crore in the corresponding quarter of the previous fiscal. The consolidated total expenses of the company increased to Rs 603 crore in the 2019-20 fiscal as compared to Rs 579 crore in the previous fiscal, the company said in a regulatory filing.

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