Supreme Infra q4 Standalone Net Up 8.77 Pc At Rs 28.5 Crore
Supreme Infrastructure today posted a 8.77 per cent increase at Rs 28.5 crore for the quarter ended March 31. The standalone net profit for the corresponding quarter last fiscal stood at Rs 26.2 crore.
May 29, 2013 / 08:26 PM IST
Supreme Infrastructure today posted a 8.77 percent increase at Rs 28.5 crore for the quarter ended March 31. The standalone net profit for the corresponding quarter last fiscal stood at Rs 26.2 crore.
The total sales on standalone basis for the quarter increased to Rs 653.4 crore, up by 28.69 percent from Rs 507.7 crore in the fourth quarter of FY12.
"Our performance in this quarter has been very satisfying. We have achieved more than 28 per cent growth in total income this quarter, and the outlook too looks promising. We remain focused on our goals and anticipate a promising growth curve during the year," company's Managing Director Vikram Sharma said in a statement.
For the full year, the standalone net profit increased to Rs 109.63 crore from Rs 91.79 crore, while the revenues stood at 1,986.95 crore against Rs 1,505.91 crore in FY12. On consolidated basis, the company recorded a consolidated net profit of Rs 100.2 crore for FY13 as compared to Rs 79.1 crore for the previous fiscal. Its total revenues for the year FY13 increased to Rs 2,332.8 crore from Rs 1,726.9 crore in 2011-12. Shares of Supreme Infra rose by 0.73 percent at Rs 206.10 apiece on the BSE.