Shriram EPC, the integrated design, engineering, procurement and construction service provider reported net profit at INR 8.80 crore for the quarter ending December 31st 2010, up by 18.27% over the same period last year. The company reported a net profit at INR 7.44 crore during the same period last year.

For the nine months ending December 31st 2010, net profit more than doubled to INR 54.88 crore as against INR 24.55 crore registered in the year-ago period The total income for the quarter ending December 31st 2010 rose to INR 279.79 crore from INR 240.39 crore registered during the same period last year.

For the nine months ending December 31st 2010, the total income was at INR 838.87 crore against INR 635.87 crore registered in the same period of previous year.

Mr Shivaraman MD and CEO of Shriram EPC said that "I am pleased to report healthy operations and financial performance during the quarter. The growth momentum in the EPC segment continues with process and metallurgy vertical dominating the service mix. With continued momentum in the order book, we look forward to a strong fourth quarter.”