GPT Infraprojects Ltd’s net profit tanks 59% to Rs 1.67 cr for Q1FY21

New Delhi: GPT Infraprojects Ltd’s consolidated net profit tanked 59 percent to Rs 1.67 crore for the first quarter of the current fiscal as compared to Rs 4.05 crore in the corresponding quarter of the previous fiscal.

The consolidated revenues from operations fell 44 percent to Rs 80 crore for the first quarter of the current fiscal as compared to Rs 141 crore in the corresponding quarter of the previous fiscal. 

The consolidated total expenses of the company declined to Rs 81 crore for the first quarter of the current fiscal as compared to Rs 137 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

 

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