IVRCL Infrastructure Q2 net drops by 15pct
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Sunday, 08 Nov 2009
I V R C L Infrastructure & Projects announced a sharp drop in standalone net profit for the quarter ended September 2009. During the quarter, the profit of the company declined 14.58% to INR 487.73 million from INR 571.01 million in the same quarter previous year.
Net sales for the quarter for the quarter rose 6.80% to INR 12,138.43 million while total income for the quarter rose 5.70% to INR 12,195.64 million, when compared with the prior year period.
| | Q2'09 | Q2'08 | Change |
| Net Sales | 12,138.43 | 11,366.06 | 6.8 |
| Net Profit | 487.73 | 571.01 | -14.58 |
(In INR million)
