Ansal API announces Annual Results for FY08

Consolidated Revenue up 14.72%, Net Profit up 31.32 %

EBIDTA stood at Rs 274.29 crore, an increase of 17.80% as compared to Rs 232.86 crore in the corresponding period last fiscal. Net profit was at Rs 173.51 crore, up by 31.32% from Rs 132.12 crore. The EPS for FY08 stood at Rs 15.29 as against Rs 12.18.

Commenting on the Company's performance, Mr. Sushil Ansal, Chairman, Ansal API, said, "Lately, there has been turmoil for the overall economy and real estate sector in particular. However, Ansal API has recorded a reasonable growth