Gammon Infrastructure Projects' fell over 10%, touching the monthly low of Rs11.20, after the company reported consolidated net loss of Rs15.51 crore in Q4 March 2012, compared with net profit of Rs8.51 crore in Q4 March 2011.
On a consolidated basis, Gammon Infrastructure Projects' net sales rose 51.1% to Rs115.16 crore in Q4 March 2012 over Q4 March 2011. The company reported consolidated net loss of Rs25.42 crore in the year ended March 31, 2012, compared with net profit of Rs17.17 crore in the year ended March 31, 2011. Net sales rose 26.1% to Rs399.17 crore in the year ended March 31, 2012 over the year ended March 31, 2011.
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On a consolidated basis, Gammon Infrastructure Projects' net sales rose 51.1% to Rs115.16 crore in Q4 March 2012 over Q4 March 2011. The company reported consolidated net loss of Rs25.42 crore in the year ended March 31, 2012, compared with net profit of Rs17.17 crore in the year ended March 31, 2011. Net sales rose 26.1% to Rs399.17 crore in the year ended March 31, 2012 over the year ended March 31, 2011.
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