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Ansal Properties net rises

Our Bureau

NEW DELHI: Ansal Properties and Infrastructure Ltd (APIL) has posted a rise in its net profit for the quarter ended on September 2005 to Rs 7.06 crore (Rs 0.81 crore). Income from operation and other income recorded a jump of about 90 per cent to Rs 70.72 crore (Rs 37.30 crore).

For the half year ended September 2005, the income from operation and other income rose to Rs 156.86 crore (Rs 76.16 crore).

"Net profit after tax for half year period, has increased from Rs 3.64 crore to Rs 17.54 crore thereby showing a growth of 382 per cent as compared to the corresponding period of the previous year. Also, the earning per share for the half year has increased from Rs 3.12 to Rs 10.02 constituting increase of 221 per cent," a company release said here.

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