Lanco Infratech swung to a profit for the quarter ended September 2015. During the quarter, the company reported a profit of Rs 989.80 million compared with a loss of Rs 5,274.80 million in the same quarter last year.
Revenues for the quarter rose 12.53% to Rs 26,575.10 million, compared with Rs 23,617 million for the prior year period.
Operating margin for the quarter stood at 43.17 percent as compared to 23.79 percent for the previous year period. Operating Income for the quarter was Rs 11,471.60 million, compared with Rs 5618.7 million in the previous year period.
Earnings per share stood at Rs 0.41 compared with negative Rs 2.23 in the same quarter last year.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Sep - 15 | Sep - 14 | %Change |
| Revenues | 26,575.10 | 23,616.70 | 12.53 |
| Net Profit | 989.80 | (5,274.80) | - |
| Diluted EPS | 0.41 | (2.23) | - |
Shares of the company gained Rs 0.34, or 6.81%, to settle at Rs 5.33 at the BSE (Monday).
