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Tuesday, May 01, 2001

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Madhucon Projects net profit at Rs 8.63 lakh

HYDERABAD: Madhucon Projects Ltd has posted a turnover of Rs 29.70 crore (Rs 39.66 crore) and a net profit of Rs 8.63 lakh (Rs 46 lakh) during the quarter ended March 31, 2001.

Despite a decline in turnover and profit during the fourth quarter, the company's net profit during 2000-01 has increased by 17.2 per cent to Rs 4.74 crore from Rs 4.05 crore posted in the previous year.

The company's income from infrastructure activities has also gone up to Rs 116 crore (Rs 98.34 crore). -- Our Bureau

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