Ackruti City reports good net profit

Ackruti City is currently trading at Rs. 226.50, up by 9.05 points or 4.16 % from its previous closing of Rs. 217.45 on the BSE. The scrip opened at Rs. 217.00 and has touched a high and low of Rs. 231.80 and Rs. 214.20 respectively. So far 5,64,612 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 560.00 on 08-Mar-2010 and a 52 week low of Rs. 208.50 on 03-Feb-2011. Last one week high and low of the scrip stood at Rs. 231.80 and Rs. 208.50 respectively. The current market cap of the company is Rs. 1651.10 crore.
The promoters holding in the company stood at 82.49 % while Institutions and Non-Institutions held 2.99% and 14.52% respectively. Ackruti City has announced its unaudited results for the third quarter ended December 31, 2010.

The company has posted a net profit of Rs 78.93 crore for the December 2010 quarter, up 35.83% over Rs 58.11 crore reported in the year ago period. Its net sales for the quarter under review stood at Rs 150.97 crore against Rs 144.18 crore in the corresponding quarter of last fiscal, up 4.71%.
On consolidated basis, net profit of the group for the reporting quarter has gone up by 21.83% to Rs 67.80 crore from Rs 55.65 crore for the December 2009 quarter. Net sales for the quarter rose 30.76% to Rs 212.32 crore as compared to Rs 162.38 crore in the same quarter last year.

Darbaripur road7, Level Ground, Omaxe Gurgaon Mall Sohna Road
India
Phone: 9953558082

Send Inquiry / Contact Advertiser

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.