Gammon Infrastructure today reported a consolidated net profit of Rs 5.98 crore for the third quarter of 2014—15 on lower finance costs.
The company had a loss of Rs 31.32 crore in the October—December quarter of last fiscal.
Total income of the company rose to Rs 253 crore in the quarter, from Rs 139 crore a year earlier. Expenses also rose to Rs 175 crore during the period from Rs 100 crore a year ago period.
Finance costs declined to Rs 59 crore in the period under review from Rs 72 crore in the corresponding quarter a year ago.