Real estate developer Ansal Properties & Infrastructure said its consolidated net loss in December quarter of the current fiscal stood at Rs 15.73 crore, while it had a net profit of Rs 52.15 crore in the corresponding period a year ago.
Consolidated total income of the company dipped to Rs 211.01 crore for the December quarter of the current fiscal from 267.23 crore in the year ago period.
On a standalone basis, the company reported a 94.21 per cent dip in its net profit at Rs 2.83 crore for the December quarter. It had a net profit of Rs 48.91 crore in the third quarter of the 2008 fiscal.
The standalone total income stood at Rs 208.84 crore in December quarter, while it was at Rs 228.53 crore in the year-ago period.
For the nine-month period ended December, 2008, Ansal Properties and Infrastructure reported a 77.34 per cent drop in its net profit at Rs 29.34 crore. It had a net profit of Rs 143.17 crore in the year-ago period.
The consolidated total income during the April-December period stood at Rs 571.7 crore, while it was at Rs 737.1 crore in the same period last year.
On Friday, shares of Ansal Properties & Infrastructure closed at Rs 27.10, up 14.59 per cent on the BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app