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Corporate Results - Engineering
Era Infra Q3 net increases 39%

Our Bureau

New Delhi, Jan. 14 Era Infra Engineering Ltd has announced a 39 per cent jump in net profit at Rs 27.64 crore for the third quarter of the current fiscal.

The company has recorded revenues of Rs 340.39 crore (Rs 208.31 crore) for the quarter ended December 31, 2007, an increase of 63 per cent, a statement said. The company’s operating margins improved to 22 per cent , from 18 per cent in the corresponding period last fiscal.

For the nine months ended December 31, 2007, the company has reported a 73 per cent jump in net profit at Rs 84.61 crore (Rs 48.83 crore), the release said.

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