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Arihant Superstructures Limited
Sector:Others Others - Miscella - Others
Market Lot: 1Face Value: 10ISIN Demat: INE643K01018
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Business Profile
Shaktiman Constructions (ZSHAKTIM) is presently engaged in construction and real estate related activities. Incorporated on Mar. 26, 1983, it went public in the year 1984. Earlier known as Shaktiman Mercantile Company, it acquired its present name on Aug. 21, 2007.

In FY08, the company ventured into construction-related activities by taking up contract, sub-contract works and other civil contracts, while the management has changed hands.

The registered office is located at 303, Rajendra Chamber, 19, Nanbhai Lane, Fort, Mumbai-400001.

The company reported rise of 125.83% in standalone net profit on y-o-y basis to Rs 3.88 million, while total income dropped 24.53% y-o-y basis to Rs 162.75 million for the quarter ended June 2014.

Recent Developments
During the quarter, the company reported a profit of Rs 6.17 million compared with a loss of Rs 13.69 million in the same quarter last year.

Arihant Superstructures which is engaged in construction and real estate related activities today said that the board of directors of the company had approved the purchase of approx 11.50 acres land at Jodhpur, Rajasthan. The land acquisition is for project planned for Group Residential Housing project of about 800 flats consisting 8.50 Lac sqft of salable area in Phase I

Arihant Superstructures, engaged in construction and real estate related activities, today announced that its board has decided to inailse the front lands at Koproli, Panvel for expansion of project Arihant Arham.

In Brief

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