Tiding over the recessionary trends, Ahmedabad-based Sadbhav Engineering Limited, engaged in infrastructure development business, has recorded a net profit of Rs 14.37 crores as against Rs 13.68 cores during October-December 2007.
The company has achieved 20.25 per cent growth in the third quarter of 2008-09 ended December 31, 2008.
According to unaudited financial results approved by the company’s board, the income from operations for the period October-December 2008 amounted to Rs 276.66 crores compared to Rs 230.07 crores in the same period during the year 2007.
For the nine months of the current fiscal (April-December 2008) the total revenue generated from the company's operations has increased to Rs 663.84 cores from Rs 511.43 crores in the previous year reflecting a growth of 29.8 per cent.
