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GVK Power FY08 net up 511 pc to Rs 90.85 cr

New Delhi, Apr 22: GVK Power&Infrastructure Ltd today said its net profit has jumped 511 per cent to Rs 90.85 crore for the year ended March 31, 2008 compared to Rs 14.85 crore last fiscal.

Its Total Income has increased 173 per cent to Rs 117.32 for the year ended March 31, 2008 from Rs 42.92 crore in the last financial year.

The group's consolidated results showed an increase of 133 per cent in its net profit to Rs 135.47 crore for the year ended March 31, 2008 compared to Rs 58.03 crore last fiscal.

Total Income has increased 25.07 per cent to Rs 532.1 for the year ended March 31, 2008 from Rs 423.29 crore for the year ended March 31, 2007.

UNI

Rice questions why Saudi might need nuke energy

Washington, Dec 16: US Secretary of State Condoleezza Rice today questioned why oil-rich Saudi Arabia might want nuclear power and said she wanted to know more about plans by Gulf states to study nuclear energy. ''I'd like to know more about it and I think it's something that we should have discussions (about),'' Rice told Reuters when asked about the six-member Gulf Cooperation Council's decision to study a possible joint civil atomic program......
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