Sadbhav Engineering has reported results for third quarter ended December 31, 2016.
The company has reported 82.39% rise in its net profit at Rs 52.42 crore for the quarter ended December 31, 2016 as compared to Rs 28.74 crore for the same quarter in the previous year. Total income of the company increased by 15.27% at Rs 870.85 crore for the quarter under review as compared Rs 755.46 crore for the corresponding quarter previous year.
Sadbhav Engineering is one of the largest BOT developers in the road sector in India with good project execution skills. SEL operates in the four distinct business areas in the infrastructure sector viz. BOT road projects, cash contract-based road projects, irrigation projects and mining.