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GVK Power Swings to a Consolidated Loss of Rs 145 MN in Q3

  • GVK Power & Infrastructure has posted consolidated net loss after minority interest of Rs 145 million for the quarter ended December 31, 2011 as against a net profit of Rs 438.9 million for the quarter ended December 31, 2011.Net consolidated sales were at Rs 7.44 billion for the quarter ended December 31, 2011 where as the same was at Rs 4.61 billion for the quarter ended December 31, 2010, representing an increase of 61.39%.Shares of the company gained Rs 0.55, or 3.31%, to trade at Rs 17.15. The total volume of shares traded was 4,537,350 at the BSE (2.31 p.m., Tuesday).GVK Power & Infrastructure Limited   (Q,N,C,F)*

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