IL&FS Transportation Networks fell 1.33% to Rs 156.30 at 11:21 IST on BSE after consolidated net profit dropped 34.2% to Rs 117.42 crore on 5.24% fall in total income from operations (net) to Rs 1829.31 crore in Q4 March 2014 over Q4 March 2013.
The Q4 result was announced after market hours on Tuesday, 13 May 2014.
Meanwhile, the S&P BSE Sensex was down 35.06 points or 0.15% at 23,836.17
On BSE, so far 23,308 shares were traded in the counter as against average daily volume of 40,339 shares in the past one quarter.
The stock hit a high of Rs 159.40 and a low of Rs 155 so far during the day. The stock had hit a 52-week high of Rs 176.70 on 30 May 2013. The stock had hit a record low of Rs 93.67 on 19 September 2013.
The stock had outperformed the market over the past one month till 13 May 2014, rising 14.91% compared with 5.49% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 53.89% as against Sensex's 18.21% rise.
The company has equity capital of Rs 246.72 crore. Face value per share is Rs 10.
IL&FS Transportation Networks (ITNL)'s consolidated net profit dropped 10.98% to Rs 463.05 crore on 0.87% fall in total income from operations (net) to Rs 6587.04 crore in Q4 March 2014 over Q4 March 2013.
ITNL's Board of Directors at its meeting held on Tuesday, 13 May 2014, has recommended dividend of Rs 4 per share for the year ended 31 March 2014.
ITNL is one of the largest private sector road operators in India. The company is engaged in the development, operation, and maintenance of national and state highways, roads, flyovers and bridges primarily in India.
Powered by Capital Market - Live News
