Unity InfraProjects' Q3FY12 income from operation up by 25.65%
- Income from Operation inQ3 FY12 increased by 25.65% to Rs489.60Crores Q-o-Q
- PAT for the period increased by19.74% to Rs24.66Crores Q-o-Q
- Company Order book as on 14th February, 2012 Rs.3932Crores
Unity Infraprojects Ltd., (BSE: 532746), one of India’s major civil contracting firms, announced its unaudited financial result for the quarter ended 31st December, 2012, with a 19.74% rise in profit at Rs24.66Croresas againstRs20.59Crores in Q2 FY12.
Income from operation has increased by25.65% when compared to the previous quarter, to Rs489.60Crores for the quarter ended 31st December, 2011 from Rs389.65Crores for the quarter ended 30th September2011.
The total order book for the company as on February 14, 2012stands at Rs 3,932Crores.
Orders bagged in the 3rd Quarter of current financial year:
- Order worth Rs 51.09 Crores in New Delhi by NHAI
- Construction contract valued at Rs. 88.20 Crores by ECGC of India Ltd (Andheri).
- Order worth Rs. 183.88 Crores in Ahmedabad awarded by Adani Township & Real Estate Company
- Work orders for Delhi University valued at Rs. 121.80 Crores
- Order worth Rs. 135.28 Crores in Jharkhand awarded by Rail Vikas Nigam Ltd
- Development of commercial space at Viman Nagar, Pune at the cost of Rs. 47.94 Crores
- Works order for Botad branch canal by SardarSarovar Narmada Nigam Ltd, Gujarat valued at Rs. 83.81 Crores
- Awarded a Construction contract valued at Rs. 135.77 Crores by RITES Ltd in Karnataka
Commenting on the results, Mr.Abhijit K. Avarsekar, Vice Chairman and Managing Director , Unity Infraprojects Ltd. said,“With great pride I would like to announce Unity Infraprojects Q3 results, our PAT has risen to 19.74% and Income from Operations has increased by 25.65%. The company continues to focus on its strategy of adding value to the bottom line, creating high value infrastructure across the nation within stipulated deadlines. I thank our stakeholders for their continuous support and hope to receive the same in future.”