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Ansal Properties FY09 net dips 81% at Rs 33 cr

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Press Trust of India Mumbai

Ansal Properties & Infrastructure today reported a decline of 81.24 per cent in its consolidated net profit at Rs 32.54 crore for the year ended March 2009, over the previous year.

The company had a net profit of Rs 173.52 crore for the year ended March 31, 2008, Ansal Properties & Infrastructure said in a filing to the Bombay Stock Exchange.

Total sales of the company declined to Rs 740.97 crore for the year ended March 2009, from Rs 996.68 crore in the same period last year.

The board of directors has proposed a dividend of 50 paise a piece for the year ended March 2009.

 

Shares of Ansal Properties & Infrastructure were trading at Rs 59.30, up 2.33 per cent on the BSE.

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First Published: Jun 25 2009 | 1:33 PM IST

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