Sadbhav Infrastructure's Toll Revenue Up By 15%

Sadbhav Infrastructure on Thursday's post market hours announced that the company's toll revenue from its 10 operational SPVs have increased by around 15.6% to Rs 2,430 million in Q1FY18 as compared to Rs 2,101.2 million in Q1FY17.

Shares of the company have given 5.52% return in a period of one year and underperformed the BSE Small Cap and Nifty Infrastructure indices over the same time period.

The stock had hit its 52-week high of Rs 130.85 per on 10 July 2017 and its 52-week low of Rs 80.50 per share on 9 November 2016 on the NSE.

Sadbhav Infrastructure Projects is principally engaged in the development, construction, as well as operation and maintenance of infrastructure projects, and related consulting and advisory services.

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About Suhani Varma