Net dips 91.24% in FY2018-19 at CMM Infraprojects
Revenue reached Rs.100.52 Crore at CMM Infraprojects in FY2018-19 against last fiscal years Rs.233.61 Crore.
Company : CMM Infraprojects Limited
CMM Infraprojects Limited recorded Rs.78.86 Lakh standalone net profit in FY2018-19 marking Rs.8.22 Crore fall as against Rs.9 Crore in the preceding year.
Standalone PBT reached Rs.74.51 Lakh in the current annual financials released by the company which shows Rs.13 Crore decrement as compared to FY2017-18.
In HY2 of fiscal Year 2018-19, net loss incurred was Rs.74.40 Lakh whereas in a year ago period it was Rs.3.26 Crore PAT, as reported by Mr. Kishan Mundra, Managing Director of CMM Infraprojects Limited.
The company suffered Rs.1.50 Crore loss before tax in the second half of the recently concluded financial year, whereas in previous year's same period it was Rs.5.13 Crore PBT.
CMM Infraprojects Limited is an engineering, procurement and construction company with experience in end-to-end design and construction of various projects. The company is based out of Indore.
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