Financial Daily from THE HINDU group of publications
Thursday, Jul 28, 2005
Financial Daily from THE HINDU group of publications Thursday, Jul 28, 2005 |
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Corporate Results
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Real Estate & Construction Ansal Properties Q1 net zooms Our Bureau
NEW DELHI: Real Estate developer Ansal Properties and Infrastructure Ltd registered a 270 per cent increase in its net profit for the first quarter ended June 2005 at Rs 10.48 crore as compared to Rs 2.83 crore in the corresponding period last year. The income from operations and other income increased by about 122 per cent to Rs 86.18 crore (Rs 38.86 crore). "Also, the earning per share (annualised) has increased from Rs 11.67 to Rs 23.95, up 105 per cent. During the year 2004-05, the company declared an interim dividend at 7.5 per cent and final dividend at 5 per cent, thereby aggregating dividend to 12.5 per cent (10 per cent). The final dividend was recommended on the enhanced paid-up share capital," a company statement said here.
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