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This is an archive article published on August 16, 2011

Supreme Infra Q1 Net up 64

Company added 2 projects-Jaipur Ring road project and Nagar Kopargaon road project during Quater.

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Supreme Infrastructure on Tuesday posted a 64 per cent increase in its net profit for the quarter ended June 30 to Rs 25.57 crore as against Rs 15.59 crore in the year-ago period.

The total sales of the company jumped 78.82 per cent to Rs 330.02 crore during the quarter as against Rs 184.53 crore in the corresponding period last year.

8220;We have started the year with good execution levels across projects. We have added projects in our BOT portfolio and are confident of ramping up operations to achieve greater results for our stake holders,8221; the company8217;s director Vikas Sharma said in a statement issued. The total order book of the company stands at Rs 3,404 crore.

During the quarter,the company added two road BOT projects including Jaipur Ring road project in Rajasthan and Nagar Kopargaon road project in Maharashtra. The Earnings Per Share for the quarter rose to Rs 15.3 from Rs 11.2 in the year-ago period.

 

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