Sujana Towers has reported results for third quarter ended December 31, 2011.
The company has posted a fall of 16.85% in its net profit at Rs 27.14 crore for the quarter ended December 31, 2011 as compared to Rs 32.64 crore for the same quarter in the previous year. However, total income has zoomed by 102.27% at Rs 775.41 crore for quarter under review as compared to Rs 383.36 crore for the quarter ended December 31, 2010.
Sujana Towers is engaged in manufacturing of telecom towers and transmission towers. The company was previously a division of Sujana Steels. The tower division was de-merged from Sujana Steels and formed a separate entity.
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