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Hyderabad, July 1

Maytas Infra Ltd, the Hyderabad-based infrastructure company, has registered a turnover of Rs 1,637 crore for the financial year ended March 31, 2008, as against Rs 601 crore, registering a growth of over 100 per cent.

It reported a net profit of Rs 99.64 crore as against Rs 53 crore of the previous year, Mr P.K. Madhav, Chief Executive Officer, said here, releasing the audited results for the financial year 2007-08. On the reasons for the growth, he said there had been an all-round growth in areas such as oil and gas, energy, power and buildings and structures. The earnings per share stood at Rs 18.44 for the year as against Rs 10.62 last year. The consolidated (which include contributions from joint ventures and special purpose vehicles the company set up in different parts of the country) results put the turnover at Rs 1,874 crore for the year as against Rs 782 crore in the previous year. The net profit stood at Rs 90.75 crore (Rs 49 crore). The company’s order book was put at Rs 6,231 crore as on May 31, 2008. The board of directors, who met here on June 30, has recommended a dividend of 15 per cent.

– Our Bureau

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