Lanco Infratech has posted an 88.45 per cent jump in net profit at Rs 354.1 crore for the year ended March 31, 2008 where as the same was at Rs 187.9 crore in the corresponding previous year. Total income rose by 102.5 per cent to is Rs 3,336.5 crore for the year ended March 31, 2008 where as the same was at Rs 1,647.3 crore during the corresponding previous year, as per the audited consolidated results.
The consolidated results for the current period are not fully comparable with those of the corresponding period of the previous year, since the company had consolidated certain group entities engaged in the business of power, construction, property development and infrastructure under its management, the company informed the stock exchanges.