<div>GVK Power and Infrastructure posted a net loss in its June quarter, weighed down by sluggish investments on infrastructure in a slowing economy and higher interest payments on outstanding debt.<br /><br />The company posted a net loss of Rs 30.59 crore in the quarter, compared with a loss of Rs 64.30 crore a year earlier. Net sales fell 14.5 per cent to roughly Rs 700 crore.<br /><br />The company had been expected to post a loss of Rs 110 crore, according to an estimate of two analysts tracking the company.<br /><br />Like its peers in the power sector, GVK has grappled with fuel shortages for its power plants, while its highway construction business has been hit by environmental clearance hurdles.<br /><br />Overseas, GVK's $10 billion coal mining project, which is a joint venture with Australian mining magnate Gina Rinehart's Hancock Coal, has been delayed to 2016.<br /><br />(Reuters) </div>
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