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Our Bureau

Hyderabad, May 29

IVRCL Infrastructures and Projects Ltd's net income grew over 67 per cent to Rs 73.2 crore during the fourth quarter of the year ended March 31, 2007, compared with Rs 43.8 crore posted in the same period of the previous fiscal.

The gross income grew 67.5 per cent to Rs 1,009.3 crore (Rs 602.5 crore), a company press release said. For 2006-07, the turnover increased by 47 per cent to Rs 2,518.5 crore (Rs 1,712.8 crore). The consolidated profit after tax (PAT) was Rs 168.9 crore (Rs 107.8 crore). The EPS was at Rs 12.40 against Rs 8.84 in 2005-06. The company had declared a dividend of Rs 1 per share of Rs 2 each, the release said.

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