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Hyderabad, Oct. 15

ICSA India Ltd’s net profit increased 66.3 per cent at Rs 48 crore in the second quarter ended September 30, 2008 compared with Rs 28.8 crore in the corresponding quarter of previous financial year. The total income grew 86.6 per cent to Rs 279.6 crore (Rs 149.8 crore). ``The results are in line with our target for future growth. A sound order book position reinforces the company’s capabilities in the transmission and distribution sector,” Mr C Bala Reddy , Chairman and Managing Director, ICSA (India) Ltd said in a release. The earnings per share stood at Rs 10.91of Rs.2 as compared with Rs 36.41 of Rs 10. During the quarter under review, the company had secured orders worth Rs 236.14 crore from Maharashtra State Electricity Distribution Co. Ltd and M.P. Paschim Kshetra Vidyut Vitaran Co. Ltd. —

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