Infrastructure developer Sadbhav Engineering today reported a fall of 20 per cent at Rs 42.88 crore in its consolidated net profit for the year ended March 31, 2009.
The company had a consolidated net profit of Rs 53.36 crore during the 2007-08 financial year, Sadbhav Engineering said in a filing to the Bombay Stock Exchange.
However, the company witnessed a growth rate of 19 per cent in its total income during the last fiscal to Rs 1,098.93 crore, compared with Rs 920.33 crore a year earlier.
On a standalone basis, the infra firm posted a net profit of Rs 63.29 crore during FY'09, up 21 per cent from Rs 52.36 crore of FY'08.
The company has declared a dividend of Rs 4 per share for FY'09.
