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Wednesday, May 01, 2002

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Madhucon Projects net zooms 116 pc

Our Bureau

HYDERABAD: Madhucon Projects Ltd achieved a turnover of Rs 200 crore for the year ended March, 2002 as against Rs 116.58 crore in the previous year, an increase of over 71 per cent.

The company's net profit of Rs 10.14 crore during 2001-02 is also higher by 116 per cent when compared to a net profit of Rs 4.69 crore in the previous year.

The company has also provided higher depreciation of Rs 6.45 crore (Rs 4.6 crore).

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Madhucon Projects net zooms 116 pc

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