Road infra company Bharat Road Network Limited (BRNL) today reported a nearly 13 fold increase in its standalone net profit to Rs 10.89 crore in the quarter ended December 31, 2017 as compared to Rs 84 lakh in the corresponding quarter of the previous fiscal.
The company’s standalone revenues more than trebled to Rs 21.42 crore during the quarter from Rs 6.14 crore in the corresponding period of previous year, the company said in a statement.
The company has witnessed a healthy traffic growth across the operating projects in its portfolio. The average daily traffic growth in passenger car unit (PCU) terms for the quarter ended December 31, 2017 increased by 7.2 per cent over the same quarter of previous year. Read More…
Latest posts by indiatvnews (see all)
- Fuel prices continue to spiral; petrol costs Rs 70.13/litre in Delhi, Rs 75.77/litre in Mumbai - January 14, 2019
- WPI inflation falls to 4.64% in November on easing food, petro prices - December 15, 2018
- Fuel prices slashed further; Petrol cheapest in 8 months, diesel 3 months | Check revised rates here - December 2, 2018