Unity Infraprojects secures order worth Rs 136 crore

Unity Infraprojects secures order worth Rs 136 crore
Unity Infraprojects Limited, a leading engineering and construction company with over two decades of experience in diverse areas of infrastructure development, has informed that its joint venture with Brahmaputra Infrastructure and Brahmaputra Consortium has secured an order worth Rs 135.70 crore for construction of Tezpur Medical College in Assam, from the PWD, Government of Assam.

The project is required to be executed within 24 months. The company holds 51% stake in the joint venture.

The company reported a 79.94% increase in its fourth-quarter earnings at Rs 20.24 crore compared to Rs 11.25 crore in the corresponding quarter, a year ago.

The board of directors of the company at its meeting held on Jun. 28, 2008, has recommended a dividend of 40% or Rs 4 a share.

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