IVRCL Infrastructure Q1 net dips 17%

IVRCL Infrastructure Q1 net dips 17%IVRCL Infrastructure & Projects Ltd. has registered a decline of 17.33 per cent in its net profit, which dropped to Rs 35.10 crore for the quarter ended June 30, 2009 as compared to Rs 42.46 crore for the quarter ended June 30, 2008.

However, company's total income has increased from Rs 931 crore for the quarter ended June 30, 2008 to Rs 1089 crore for the quarter ended June 30, 2009.

IVRCL group stated in a communiqué that it achieved a turnover of Rs 1288 crore for the first quarter of 2009-10.