Dredging Corporation Q4 net profit at Rs.644 million

Dredging Corporation of India Ltd has announced the Unaudited results for the quarter & year ended March 31, 2007.

The results for the Quarter ended March 31, 2007: The Company has posted a net profit of Rs 644.00 million for the quarter ended March 31, 2007 as compared to Rs 581.70 million for the quarter ended March 31, 2006. Total Income has increased from Rs 1461.50 million for the quarter ended March 31, 2006 to Rs 2149.50 million for the quarter ended March 31, 2007..

The results for the Year ended March 31, 2007: The Company has posted a net profit of Rs 1565.50 million for the year ended March 31, 2007 as compared to Rs 2070.70 million for the year ended March 31, 2006. Total Income has increased from Rs 5428.90 million for the year ended March 31, 2006 to Rs 6145.00 million for the year ended March 31, 2007.

The figures for the year ended March 31, 2006 are Audited.

Source : Equity Bulls

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