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Indo-Asian Projects Limited
Sector:Real Estate Real Estate - Real Estate
BSE:31674NSE:NABloomberg:IAPL@INReuters:INDO.BO
Market Lot: 1Face Value: 10ISIN Demat: INE559F01016
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18-Jan-2008
Business Profile
Indo-Asian Housing Corporation (INDOASIAH) is engaged in the development and sale of residential and commercial complexes. It was incorporated in 1995.

The company constructs multi-storied buildings, develops colonies, township layouts, clubs, resorts and farm lands. It has completed various projects in Hyderabad. The company has been suspended from the BSE on account of non compliance with listing agreement clauses.

The registered office is located at Flat No. 507, Bharadwaja Complex, 16-11-577, Dilshuknagar, Hyderabad-500060, Andhra Pradesh.


Financials
Indo-Asian Housing Corporation registered a 566.67% growth in net profit to Rs 0.2 million for the quarter ended September 2007 from a profit of Rs 0.03 million for the quarter ended September 2006.
Net sales increased 21.61 times to Rs 6.05 million for the quarter ended September 2007 from Rs 0.28 million for the quarter ended September 2006.
Total income rose 1861.29% to Rs 6.08 million for the quarter ended September 2007 from Rs 0.31 million for the quarter ended September 2006.
The earnings per share (EPS) of the company stood at Rs 0.04 for the quarter ended September 2007.

In Brief

 
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