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Sadbhav Engineering Q4 net dips 13%

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BS Reporter Mumbai/ Ahmedabad

Ahmedabad-based Sadbhav Engineering Limited has posted a 13 per cent dip in its standalone profit after tax (PAT) for the fourth quarter ended March 31 of financial year 2011-12.

The company registered a Q4 net profit of Rs 46.90 crore as compared to Rs 53.93 crore for the corresponding period last year.

However, the standalone net profit for fiscal ended March 31, 2012 saw a rise of 17.53 per cent at Rs 140.56 crore in FY '12 as compared to Rs 119.59 crore in FY '11.

One of the leading infrastructure service providers, Sadbhav Engineering The company achieved a 21.10 per cent rise in the total income to Rs 2675.55 crore as compared to Rs 2209.40 crore.

 

In FY '11 on stand alone basis, EBIDTA at Rs 301.10 crore in FY '12 as compared to Rs 256.74 crore in FY '11.

Further, the Board of Directors recommended a dividend of Rs 0.60 per equity share of Re 1.

Currently, total order book position of the company stands at Rs 7554.20 crore which comprises of 40 projects under execution.

In road sectors pending execution is for 17 projects for Rs 5398.96 crore whereas in irrigation for 13 projects for Rs 1159.42 crore and in mining sector for 10 projects for Rs 995.83 crore.

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First Published: May 29 2012 | 12:26 AM IST

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