Subhash Projects posts Rs 162.5 million profit in Q1

August 2nd, 2008 - 4:30 pm ICT by IANS  


Kolkata, Aug 2 (IANS) Indian infrastructure company Subhash Projects posted a net profit of Rs.162.5 million during the first quarter of the current fiscal, up from Rs.137.4 million in the corresponding period last year. The company registered a 29 percent jump in revenues to Rs.3.06 billion in first quarter this fiscal from Rs.2.38 billion in the corresponding period of the previous year.

“We are introducing and continuously evolving with new technologies in environmental engineering, water management and power generation. Our order book stands at Rs.36 billion,” Subhash Sethi, the company’s vice-chairman, said in a statement.

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