Sadbhav Engineering Ltd's Net Profit Down 33% For Q2FY20
New Delhi: Sadbhav Engineering’s net profit dropped 33 percent at Rs 25.85 crore for the second quarter of the current fiscal as against Rs 38.29 crore in the corresponding period of the previous financial year.
The total income of the company declined 18 percent to Rs 565.11 crore as compared to Rs 690.59 crore in same quarter of the previous fiscal, it said in a statement.
Transport segment of the business contributed Rs 516.32 crore to the total revenues in the second quarter of the current fiscal. Irrigation segment contributed Rs 18.69 crore while mining segment contributed Rs 29.50 crore.