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Ansal Properties reports consolidated loss of Rs 22.36 crore in Q4

28 May 2012 Evaluate

Real estate developer, Ansal Properties and Infrastructure has reported a consolidated loss of Rs 22.36 crore in the three months ended March, 2012 as compared to a net profit of Rs 12.35 crore in January-March quarter of 2011.

Moreover, the company’s consolidated revenue declined marginally by 2.85% to Rs 325.25 crore in the fourth quarter of FY12 as against Rs 334.79 crore in the year-ago period.

Ansal Properties & Infrastructure’s business activities include property development for commercial, housing, retail, hospitality, IT SEZ, IT parks and industrial parks.

Peers
Company Name CMP
Lodha Developers 1167.65
Prestige EstatesProj 1632.45
Dilip Buildcon 397.10
DLF 745.00
Oberoi Realty 1739.90
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