Lanco Infratech reported a massive 92.9% fall in its consolidated net profit at Rs 13.8 crore for the quarter ended June 30, 2011. A year ago for the corresponding period it was Rs 194 crore.
The group's total income also dropped 8.2% to Rs 1,973 crore for June 2011 as compared to Rs 2,150 crore a year ago.