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GVK Power Q1 net loss increases at Rs 51 crore

GVK Power and Infrastructure has posted an increase in its standalone net loss to Rs 51.04 crore for the first quarter ended June 30, 2016.

It said in a BSE filing that ” The company has posted a net loss of Rs 51.04 crore for the quarter ended June 30, 2016 as compared to Rs 3.09 crore for the quarter ended June 30, 2015.”

As per the statement, the total income increased from Rs 15.88 crore for the quarter of previous year to Rs 16.85 crore for the quarter ended June 30, 2016.

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