GVK Power & Infrastructure reports net profit of 12.30 crore

GVK Power & Infrastructure reported a net profit of 12.30 crore in the quarter ended September 30, 2018, mainly due to lower expenses in the three month period.

The company had reported a net loss of Rs 76.94 crore in the quarter ended on September 30, 2017, a BSE filing said.

According to a statement, the company's total revenue was lower at Rs 19.33 crore in the second quarter compared to Rs 20.19 crore a year ago. The expenses were also lower at Rs 4.68 crore in the quarter as against Rs 95.90 crore a year ago.