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Wednesday, July 29, 2009

Lanco Infratech posts net profit

Lanco Infratech announces Q1 results
Announcement:
Lanco Infratech Ltd has announced the following Unaudited results for the quarter ended June 30, 2009:The Company has posted a net profit of Rs 1286.50 million for the quarter ended June 30, 2009 as compared to Rs 468.80 million for the quarter ended June 30, 2008. Total Income has increased from Rs 5371.30 million for the quarter ended June 30, 2008 to Rs 14866.90 million for the quarter ended June 30, 2009.The Consolidated results are as follows:The consolidated results for the Quarter ended June 30, 2009The Group has posted a net profit of Rs 1158.50 million for the quarter ended June 30, 2009 as compared to Rs 590.60 million for the quarter ended June 30, 2008. Total Income has increased from Rs 9267.90 million for the quarter ended June 30, 2008 to Rs 22329.50 million for the quarter ended June 30, 2009.

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