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Our Bureau

Mumbai , Oct. 27

KSL Realty and Infrastructure Ltd, has reported a 32.96 per cent increase in net profit at Rs 10.77 crore (Rs 8.10 crore) for the quarter ended September 30. Net sales have gone up 42.72 per cent at Rs 124.88 crore (Rs 87.50 crore). The EPS of the company stands at Rs 1.20 per share. "The company's good performance has been possible due to timely implementation of its projects. The company is looking forward to good growth in the coming months," said Mr Saurabh Kumar Tayal, Chairman of KSL Realty and Infrastructure Ltd.

KSL forayed into real estate as part of its diversification plans. The real estate projects of the company like Empress City in Nagpur and Deccan city in Kolhapur are on schedule. KSL has identified 30 more locations across the country for developing real estate projects.

Shares of the company rose 3.84 per cent to close at Rs 113.45 on BSE.

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