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Asahi Infrastructure & Projects has reported results for the quarter and the year ended March 31, 2011

The company’s net profit for the fourth quarter has zoomed 662.30% at Rs 34.38 crore as compared to Rs 4.51 crore for the quarter ended March 31, 2010. Its total income has soared by 285.79% at Rs 325.95 crore for the quarter under review from Rs 84.49 crore in the corresponding previous quarter.

The company has registered a growth of 18.55% in its net profit for the year ended March 31, 2011 at Rs 41.42 crore as compared to Rs 34.94 crore for the year ended March 31, 2010. Its total income has surged by 53.88% at Rs 565.65 crore for the year from Rs 367.60 crore in previous year.

Peers
Company Name CMP
Lodha Developers 875.75
Dilip Buildcon 450.60
DLF 607.70
Oberoi Realty 1724.10
Ahluwalia Contract(I 866.35
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