Unity Infraprojects reports marginal increase in Q1 net profit

Infrastructure developer Unity Infraprojects has reported unaudited results for the first quarter ended June 30, 2011.

The company has posted 0.36% increase in its net profit at Rs 19.58 crore for the quarter ended June 30, as against Rs 19.51 crore in the year-ago period. The company's total income for the period stood at Rs 376.03 crore, up 10.66% over Rs 339.79 crore in the first quarter of last fiscal.

Unity Infraprojects is one of the largest civil contractors in India. It is the flagship unit of the Mumbai-based KK Group of Companies, which has its interests spread across a wide spectrum of businesses such as concrete block manufacturing, quarrying, hotel and organized retailing industries.