Noida Toll Bridge quarterly profits down

Noida Toll Bridge Company posted its results for the quarter ended 30 June on Friday.

The AIM-traded firm reported a profit before tax at INR 137.21m for the quarter, compared to INR 158.58m at the same time last year.

“The profit after tax for the quarter is at INR 135.83m as compared to INR 257.96m in the previous year corresponding quarter, on account of change in useful life of the intangible assets,” Noida’s board said in a statement.