Ansal API back in black with Rs 14-cr Q4 profit

2011-05-27 16:41:13

Realty firm Ansal Properties & Infrastructure on Friday reported a consolidated net profit of Rs 13.55 crore for the quarter ended March 31 on robust demand. The company had posted a net loss of Rs 31 lakh in the corresponding period last year. During the fourth quarter, the company's consolidated net sales increased by 61.32 per cent to Rs 330.16 crore from Rs 204.66 crore in the same period last year, Ansal API said in a filing to the Bombay Stock Exchange (BSE). For 2010-11, the consolidated... Full Article at NDTV Profit »