Unity Infra Q1 net up to Rs 19.58 crore

Infrastructure developer Unity Infraprojects today said it has posted a net profit of Rs 19.58 crore for the quarter ended June 30, as against Rs 19.51 crore in the year-ago period.

Infrastructure developer Unity Infraprojects on Thursday said it has posted a net profit of Rs 19.58 crore for the quarter ended June 30, as against Rs 19.51 crore in the year-ago period.

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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.

"Given the current scenario and number of orders bagged in this fiscal, we are optimistic to transcend our stake-holder's expectation," vice chairman and managing director Abhijit Avarsekar said in a statement issued in Mumbai.

During the quarter, Unity bagged orders worth Rs 530.73 crore. The company's total order book as of August 16 stands at Rs 3,478 crore, the release added.

The Earning Per Share for the quarter rose to Rs 2.65 from Rs 2.63 in corresponding quarter of previous year.