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Madhucon Projects net dips

Our Bureau

HYDERABAD: Madhucon Projects Ltd has suffered a significant fall both in turnover and net profit for the second quarter of current fiscal ended September 2005.

While the income was lower at Rs 60.5 crore as compared to Rs 75.3 crore in the corresponding quarter of the previous fiscal, net profit dipped to Rs 3.19 crore (Rs 4.03 crore).

For the first half, its income decreased to Rs 121.53 crore (Rs 169.2 crore), while the net profit declined to Rs 6.66 crore (Rs 9.88 crore).

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