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Era Infra Engg Q3 net up 11% at Rs 31cr

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Press Trust of India New Delhi

Era Infra Engineering today said its net profit grew by 11.68 per cent at Rs 30.87 crore in the third quarter of current fiscal compared to the corresponding period a year ago.

The company had a net profit of Rs 27.64 crore in third quarter last fiscal, Era Infra Engineering said in a statement.

Net income of the infrastructure developer rose to Rs 614.04 crore in December quarter of FY'09 from Rs 335.11 crore of the same quarter last year.

For the nine-month period ended December, Era Infra registered a net profit of Rs 94.94 crore, a 32 per cent growth compared to Rs 84.61 crore of the same period a year ago.

 

Shares of Era Infra Engineering today closed at Rs 71.90, down 2.71 per cent from its previous close on the National Stock Exchange.

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First Published: Feb 02 2009 | 5:10 PM IST

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