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Wednesday, Feb 02, 2005

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IVRCL Infrastructure PAT up

Our Bureau

HYDERABAD: IVRCL Infrastructure and Projects Ltd has registered a turnover of Rs 284.31 crore for the quarter ended December 31, 2004, as against Rs 214.17 crore in the same period last year, showing a growth of 32.75 per cent.

The profit after tax (PAT) stood at Rs 14.31 crore (Rs 8.22 crore), an increase of 74 per cent.

A press release, quoting Mr E. Sudhir Reddy, Vice-Chairman and Managing Director, said the turnover for the nine-month period ended December 31 was at Rs 707.40 crore (Rs 560.14 crore), showing a growth of 26.29 per cent. PAT was put at Rs 31.89 crore (Rs 20.99 crore).

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