| IVRCL Infrastructure & Projects, a Hyderabad-based construction company which is into a whole range of infrastructure projects from power to roads, reported 67 per cent increase in consolidated net profit at Rs 73.23 crore for the quarter ended March 31, 2007, compared with Rs 43.81 crore in the corresponding quarter in the previous year. |
| Net turnover rose to Rs 992.5 crore during the quarter from Rs 590.5 crore in the corresponding previous quarter, registering a growth of 68 per cent. |
| Nagarjuna Construction net up 43% |
| Nagarjuna Construction Company (NCCL), a Hyderabad-based infrastructure development company, posted a net profit of Rs 49.93 crore during the quarter ended March 2007, registering a growth of 42.86 per cent against Rs 34.95 crore during the corresponding quarter in the previous year. |
| The company's turnover during the quarter increased 39.6 per cent to Rs 894.84 crore from Rs 641 crore recorded in the fourth quarter of 2005-06. |
| For the year ended March 31, 2007, it achieved a turnover of Rs 2,900.23 crore compared with Rs 1,842.47 crore in the previous year, registering a growth of 57 per cent. |
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