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Our Bureau

Hyderabad, April 30

The Hyderabad-based Gayatri Projects has posted 32.46 per cent increase in net profit to Rs 23.43 crore (Rs 17.63 crore) during the fourth quarter of the fiscal ended March 31. Turnover rose 38.95 per cent to Rs 165.99 crore (Rs 119.46 crore). For the whole year, turnover grew 35.28 per cent to Rs 505.34 crore (Rs 372.23 crore). "The growth was due to the success of our in-sourcing model and our unique equipment bank," said Mr Sandeep Reddy, Managing Director, in a release.

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