Financial Daily from THE HINDU group of publications
Tuesday, Jun 21, 2005
Financial Daily from THE HINDU group of publications Tuesday, Jun 21, 2005 |
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Corporate Results
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Infrastructure IVRCL Infra net zooms Our Bureau
HYDERABAD: IVRCL Infrastructure & Projects Ltd has crossed the Rs 1,000-crore turnover mark and notched up growth rates in both turnover and profits during the fiscal 2004-05. For the last quarter ended March 31 its profit after tax (PAT) was Rs 25.17 crore, a 191.65 per cent jump from the corresponding quarter of the previous fiscal's figure of Rs 8.63 crore. The board also recommended a dividend of 30 per cent for 2004-05, according to a company press release. The turnover for the last quarter was Rs 349.75 crore, a growth of 62.36 per cent, compared to the turnover of Rs 215.42 crore in the corresponding period of the previous fiscal. For the entire fiscal 2004-05, the company's turnover stood at Rs 1,057 crore, a 36.30 per cent growth compared to the turnover of Rs 778.30 crore achieved the previous fiscal. Gross profit has increased by 46.91 per cent at Rs 88.90 crore (Rs 60.53 crore). The PAT for the fiscal stood at Rs 56.71 crore (Rs 30.38 crore), an increase of 86.67 per cent. The company could achieve an earnings per share of Rs 33.56.
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