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Corporate Results - Real Estate & Construction
Lanco Infratech net surges

Hyderabad, July 28

Lanco Infratech Ltd has reported a total income of Rs 603.3 crore during the first quarter ended June 30, 2007, a growth of 2.37 times over Rs 254.7 crore in the comparable quarter of the last fiscal. In its consolidated un-audited financial results, the company quoted a net profit (after minority interest) of Rs 51.3 crore, a growth of 12.03 times over the Rs 4.3 crore in the same quarter of the previous year. The power segment contributed Rs 441.5 crore of the consoli dated turnover (Rs 159.2 crore) while the construction segment contributed Rs 147.9 crore of the consolidated turnover (Rs 91.8 crore). It has a gross revenue of Rs 1,647.3 crore and a net worth of Rs 1,510.5 crore for 2006-07. —

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