sector: Utilities ·
industry: Utilities - Electric ·
As of
1:44pm IST
51.80INR
GVK Power & Infrastructure Limited is an India-based company. The Company is focusing on power generation assets (gas, hydel and thermal), roads, airports, coal mines and oil and gas. On May 9, 2008, the Company acquired GVK Developmental Projects Private Limited. On November 27, 2008, the Company acquired GVK Energy Limited. The Company’s wholly owned subsidiary GVK Aviation Private Limited ceased to be a subsidiary with effect from September 30, 2008.
BRIEF: For the six months ended 30 September 2009, GVK Power and Infrastructure Ltd.'s revenues totaled RS8.36B, up from RS2.57B. Net income increased 8% to RS769.6M. Revenues reflect an increase in income from Power segment and higher income from Road segment. Net income partially was offset by higher employee cost, a rise in depreciation expenses, increased fuel costs, higher other expenditure and a rise in interest & other financial expenses.
GVK Power & Infrastructure Limited
Paigah House, 156-159
S P Road
Secundrabad 500 003
P: +9140.27902663
F: +9140.27902665