Sadbhav Infrastructure Narrows Consolidated Loss in Fiscal Q3; Shares Up 4%

MT Newswires Live

2025/02/13

Sadbhav Infrastructure (NSE:SADBHIN, BOM:539346) narrowed its consolidated attributable loss to 37.4 million Indian rupees in the fiscal third quarter ended Dec. 31, 2024, from 1.24 billion rupees a year ago.

Loss per share dropped to 0.11 rupees from 3.53 rupees, according to a Wednesday filing to the Indian stock exchanges by the infrastructure services provider.

Revenue from operations in fiscal Q3 declined to 1.74 billion rupees from 2.04 billion rupees a year earlier.

Shares of the company were up over 4% in recent trade.

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