IVRCL Infra Q1 net down 21% at Rs 28 cr

IVRCL Infrastructures & Projects today reported a 21 per cent decline in net profit at Rs 28.07 crore in the April-June quarter of the year.

In the year-ago period, the company had a net profit of Rs 35.5 crore, IVRCL Infra said in a filing to the BSE.

The company's total income decreased to Rs 1,107.29 crore in the first quarter ended June 30, 2010, from Rs 1,113.51 crore in the same period last fiscal.

Shares of the company was trading at Rs 170.90, down 2.81 per cent from the previous close.