Secunderabad-based GVK Power & Infrastructure has registered a net profit of Rs 30.47 crore for the second quarter ended September 30, a decline of 22.88 per cent from that in the corresponding period a year ago.

The company had posted a net profit of Rs 39.51 crore for the second quarter last fiscal.

While, the company’s net sales raised to Rs 109.49 crore for the quarter under review, against Rs 96.05 crore.

For the half year ended September 30, the company had a net profit of Rs 71.02 crore, against Rs 61.09 crore.

On the standalone basis GVK Power & Infrastructure posted a net profit of Rs 4.76 crore, a 59 per cent fall from Rs 11.61 crore for the same period last fiscal.

GVK Power & Infrastructure Limited provides generation, operation, and maintenance services to the power plants.

In today’s session, the company’s shares ended the day at Rs 10.95 on NSE. The scrip touched an intraday high and low of Rs 12.10 and 10.90 respectively.