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Madhucon Projects Ltd has posted a net profit of Rs 17.09 crore for the third quarter ended December 31, 2014, as against Rs 1.74 crore for the corresponding quarter last year.
The total income from operations shot up to Rs 431.03 crore for the third quarter as against Rs 177.73 crore in the year-ago quarter.
For the nine months ended December 31, 2014, the company registered a net profit of Rs 33.13 crore and income of Rs 836.44 crore, as against a net profit of Rs 13 crore and income of Rs 516.42 crore for the same period last year.
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