GVK Power & Infrastructure Ltd Share Price – NSE  /  BSE

Infrastructure Developers & Operators, Small Cap

Net loss of GVK Power & Infrastructure reported to Rs 59.29 crore in the quarter ended December 2023 as against net profit of Rs 2842.65 crore during the previous quarter ended December 2022. Sales declined 58.56% to Rs 134.64 crore in the quarter ended December 2023 as against Rs 324.87 crore during the previous quarter ended December 2022.

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For FY24, the capital expenditure was Rs 10 lakh crore. Capex for the next financial year of Rs 11.1 lakh crore, will be 3.5% of GDP.

Gvk Power & Infrastructure (up 4.51%), PSP Projects (up 1.59%), G R Infraprojects (up 1.68%), H.G. Infra Engineering (up 0.90%) advanced.

For FY2024, the capital expenditure was Rs 10 lakh crore. Capex for the next financial year will be 3.5% of GDP.

FM Nirmala Sitharaman is presenting her sixth Budget today, which is an interim Budget as India is scheduled to hold its Lok Sabha elections later this year.

Meanwhile, the barometer S&P BSE Sensex was up 62.03 points or 0.09% to 71,814.14. The Nifty 50 index added 18.25 points or 0.08% to 21,743.95.

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GVK Power & Infrastructure will hold a meeting of the Board of Directors of the Company on 14 February 2024.

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Net profit of GVK Power & Infrastructure reported to Rs 61.90 crore in the quarter ended September 2023 as against net loss of Rs 11.19 crore during the previous quarter ended September 2022. Sales declined 61.83% to Rs 379.63 crore in the quarter ended September 2023 as against Rs 994.55 crore during the previous quarter ended September 2022.

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