Supreme Infra Q4 Net Surges 89.91%

Supreme Infra Q4 Net Surges 89.91%Supreme Infrastructure India Ltd has registered a strong growth in revenues and profit after tax for the three month period ended, March 31, 2010.

The most versatile infrastructure company said that its revenue during the quarter increased by 19.51% to Rs 1.74 billion from Rs 1.46 billion during the corresponding period of 2009.

During the period under review, the profit after tax (PAT) surged 89.91% to Rs 110.2 million as compared to Rs 58 million in the same period of the last fiscal.

The company's earnings per share (EPS) climbed 89.99% to Rs 31.76 as against Rs 16.72 in the previous quarter.

While commenting on the results, Mr. Vikram B. Sharma, managing director (MD), Supreme Infrastructure said, ``We have yet again posted good results and are pleased by the performance. Also we have bagged a few new orders during this quarter which help us expand our presence in new geographies and new business segments in the coming year."

Supreme Infrastructure India Limited is a public limited company whose registered office is near IIT Powai, Mumbai. It became a publich limited company in the year 2007.

On Friday (May 13), the shares of the company ended at Rs 201.70, up 2.28%, on the Bombay Stock Exchange (BSE). . The total volume of shares traded was 256,856.

The share price has seen a 52-week high of Rs 212 and a low of Rs 40.30 on BSE. (With Inputs from Agencies)