Business Standard

Gayatri Projects Q1 net up 26%

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SI Reporter Hyderabad

Hyderabad-based infrastructure firm Gayatri Projects today reported a 26 per cent jump in its net profit to Rs 15.06 crore for the quarter to June over Rs 11.96 crore it had reported in the quarter last fiscal.

Its turnover for the quarter increased by 17.72 per cent to Rs 342.59 crore compared to Rs 291.02 crore in the same quarter previous fiscal. Earnings per share (EPS) were up by 8.27 per cent to Rs 10.21 from Rs 9.43.

"We are encouraged by our performance on our core verticals. This sets us up to deliver strong volume growth during the year as planned. With comfortable order booking, our outlook continues to be highly positive," Sandeep Reddy, Managing Director Gayatri said.

 

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First Published: Aug 09 2010 | 8:10 PM IST

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