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Wednesday, August 01, 2001

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Madhucon Projects net profit at Rs 2.81 crore

HYDERABAD: Madhucon Projects Ltd, engaged in the execution of infrastructure projects such as national highways, has earned a net profit of Rs 2.81 crore for the first quarter of the current fiscal ended June 30 (Rs 1.43 crore).

The company recently bagged national highway projects worth Rs 375 crore, and with this, the order-book position has gone up to Rs 650 crore. For the current year, it is estimating a turnover of Rs 200 crore. -- Our Bureau

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