Lanco Infratech has reported results for the second quarter ended September 30, 2012
The company has reported 56.39% fall in its net profit at Rs 7.20 crore for the quarter ended September 30, 2012 as compared to Rs 16.51 crore for the same quarter in the previous year. Total income of the company has decreased by 33.59% at Rs 1175.78 crore for quarter under review as compared to Rs 1770.51 crore for the quarter ended September 30, 2011.
On consolidated basis, the company has posted a net loss of Rs 135.90 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 259.48 crore for the same quarter in the previous year. Group’s total income has increased by 66.82% at Rs 3209.41 crore for quarter under review as compared to Rs 1923.83 crore for the quarter ended September 30, 2011.
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