Maytas registers Rs.200 mn net profit

July 30th, 2008 - 8:43 pm ICT by IANS  


Hyderabad, July 30 (IANS) Infrastructure development company Maytas Infra Ltd has posted a net profit of Rs.200 million ($4.76 million) for the first quarter of current fiscal. Maytas reported a turnover of Rs.3.84 billion and an earning per share (EPS) of Rs.3.41 during the quarter, said a company statement released here Wednesday

“We continue to grow consistently and our results for this quarter are reflective of the same. We have bagged some prestigious projects in this quarter and are seeing significant traction across all the verticals,” said Maytas CEO P.K. Madhav.

The Hyderabad-based company, which was listed on the Bombay Stock Exchange (BSE) in October last year, registered 172 percent growth during the last financial year. The firm reported a turnover of Rs.16.37 billion and net profit of Rs.996.4 million for the year.

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