MARG registers 85% growth in FY’12 net profit

Infrastructure major, MARG has registered a surge of 85% in its net profit at Rs 111 crore for the financial year 2011-12 as compared to Rs 60 crore in the previous fiscal.

The company’s total revenue for the year under review grew by 38.34% to Rs 1,501 crore as against Rs 1,085 crore registered during 2010-11.

MARG is engaged in the business of constructions and sale of residential, commercial, resorts and farm houses.