Realty firm Ansal Properties and Infrastructure has reported 4.81 per cent jump in its consolidated net profit for the quarter ended December 31, 2010, at Rs 32.93 crore. The company had posted a net profit of Rs 31.42 crore in the corresponding period previous year, Ansal API said in a statement. The consolidated total revenue during the third quarter of this fiscal increased by 6.5% to Rs 353.17 crore from Rs 331.60 crore in the year-ago period, it added.
“The company is expected to continue with the better performance in the coming quarters also, as we are targeting to scale up the operations and revenues from our projects in Delhi NCR and Lucknow, besides our plans for new project launches in the coming months,” Ansal API vice chairman and managing director Pranav Ansal said. The company share closed 1.23 per cent down at Rs 40.10 a piece on the Bombay Stock Exchange on Tuesday.
