News Details

( As on 11/12/2025 16:30)

Gammon India posts Q2 net loss of Rs 314.36 cr

The company reported standalone net loss during the quarter stood at Rs 314.36 crore as compared to net loss of Rs 261.68 crore in the previous year quarter.

Net revenue of the company declined substantially by 36.59 per cent at Rs 4.16 crore in July-September quarter of this fiscal as against Rs 6.56 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 136.83 per cent to Rs 44.31 crore from Rs 18.71 crore in year ago period.

Other Income grew by 508.70 per cent at Rs 3.76 crore versus (Sep'24 Rs -0.92 crore).

Operating Profit surged by 230.45 per cent to Rs -40.15 crore as against Rs -12.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 421.11 per cent in September quarter.

Interest grew by 11.89 per cent y-o-y to Rs 277.45 crore, while Taxation decreased by 15.38 per cent at Rs 0.11 crore (Sep'24 Rs 0.13 crore).