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Our Bureau

Hyderabad, Oct. 29

Madhucon Projects Ltd registered a turnover of Rs 93.36 crore in the second quarter ended September 30, as against Rs 60.50 crore in the corresponding quarter previous year, showing a growth of 54 per cent.

The net profit grew by 253 per cent to Rs 11.26 crore (Rs 3.19 crore), a company release said. The company, which was executing a variety of infrastructure projects worth Rs 5,000 crore, was planning to acquire sophisticated construction machinery worth Rs 60 crore this financial year.

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