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Corporate Results - Real Estate & Construction
CCCL net profit falls

Chennai, July 28

Consolidated Construction Consortium Ltd (CCCL) has reported a net profit of Rs 17.64 crore on an income of Rs 411.59 crore for the first quarter ended June 30, 2009. During the corresponding period in the previous year the company reported a net profit of Rs 18.21 crore on an income of Rs 379.52 crore. The orders on hand for the company are estimated at about Rs 3,612 crore, of which, Rs 678 crore were received during the quarter. Some of the latest projects bagged inclu de the construction of a concrete bridge across the Adyar River as part of the Chennai airport expansion project, construction of a township for Vedanta Aluminium at Orissa and a multilevel underground car park for Delhi Metro Rail. The company’s shares closed at Rs 256, down by 2 per cent as compared with the previous close of Rs 261.50. – Our Bureau

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