HomeNewsBusinessPress ReleaseICSA reports income from operations increases by 12.24%

ICSA reports income from operations increases by 12.24%

ICSA reported a increase of 12.24% in its Income from Operations, which stands at Rs 365.21 Crores in the quarter ending December 31, 2010 as against Rs 325.38 Crores in the previous quarter ending September 30, 2010.

February 03, 2011 / 19:44 IST
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ICSA (India) Ltd, (BSE: 531524), provider of embedded technology solutions and infrastructure deployment services for the power sector, reported a increase of 12.24% in its Income from Operations, which stands at Rs 365.21 Crores in the quarter ending December 31, 2010 as against Rs 325.38 Crores in the previous quarter ending September 30, 2010.

Similarly, PAT for the quarter ending December 31, 2010 stood at Rs 31.59 Crores as against Rs 29.44 Crores for the quarter ending September 30, 2010, an increase of 7.30%.

Basic EPS for the quarter ending December 30, 2010 stood at Rs 6.64 as against Rs 6.20 for the quarter ending September 30, 2010, an increase of 7.1%.

Highlights

 

Q3 FY 11

Q2 FY 11

 % GROWTH

NET INCOME FROM OPERATIONS

Rs  365.21 Crores

Rs 325.38 Crores

12.24 %

PAT

Rs 31.59 Crores

Rs 29.41 Crores

7.30 %

BASIC EPS

Rs 6.64

Rs 6.20

7.1 %

      Similarly, Income from Operations which is Rs 365.21 Crores in the quarter ending December 31, 2010 increased by 16.62 % over the same period last year which was Rs 313.15 Crores.

Similarly, PAT for the quarter ending December 31, 2010 is Rs 31.59 Crores as against Rs 30.17 Crores for the corresponding period last year, showing an increase of 4.71%.

As a result Basic EPS for the quarter ending December 31, 2010 also increased by 3.75 % to Rs 6.64 from Rs 6.40 for the corresponding period last year.

The total order book for the company as on quarter ending December 31, 2010 stands at Rs 1781 Crores. The order book for ESS segment stands at Rs 123 Crores and that of IPS segment stands at Rs 1658 Crores.

  Commenting on the results, Mr. G. Bala Reddy, Managing Director, ICSA (India) Ltd said,
first published: Feb 3, 2011 07:39 pm

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