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India Business News: GVK Power and Infrastructure Ltd on Friday posted a marginal rise of 1.48 per cent in its consolidated net profit to Rs 156.15 crore during the quarte

Its expenses declined to Rs 224.43 crore as against Rs 840.10 crore in the July-September quarter last year.

The company had posted a consolidated profit of Rs 138.29 crore in the year-ago period, JSW Infrastructure said.

The JSW Group companys operating profit, calculated as earnings before interest, taxes, depreciation and amortisation (EBITDA) for the quarter increased by 52% on year to Rs 457 crore. Subsequently, the operating margin expanded a sharp 841 basis points to 53.83%.