GVK Power & Infrastructure
3.62
-0.08(-2.16%)
Market Cap₹584.10 Cr
PE Ratio2.67
IndustryConstruction
Company Performance:
1D-2.16%
1M-12.56%
6M-13.81%
1Y-21.65%
5Y+31.64%
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Latest news about GVK Power & Infrastructure
GVK Power & Infrastructure Reports Q1 Results Amid Corporate Insolvency Resolution Process 1 day ago
GVK Power & Infrastructure Limited (GVKPIL) reported substantial losses for Q1 FY2024. Consolidated net loss after tax was ₹83,421 lakh, while standalone net loss was ₹103,848 lakh. The company is under Corporate Insolvency Resolution Process (CIRP) with admitted claims of ₹15,94,489 lakh from financial creditors. GVKPIL lost control over GVK Energy Limited and its subsidiaries, leading to a ₹1,04,158 lakh loss. The Committee of Creditors rejected two resolution plans and decided to re-initiate the CIRP process. The company faces ongoing litigations and has provided guarantees for loans amounting to ₹14,89,486 lakh. GVKPIL's future operations and financial stability remain uncertain.
GVK Power Unveils Provisional List of 13 Bidders for Assets Under Insolvency Process Jul 25, 2025