From correspondents in Delhi, India, 12:11 AM IST

Unity Infraprojects Ltd, a leading engineering and construction company with over two decades of experience in diverse areas of infrastructure development, announced its financial results for the quarter and financial year ended March 31, 2008.

The company posted a total income of Rs. 3227 million for the quarter ended March 31, 2008, PAT was up by 80% to Rs. 202 million.

Unity Infraprojects’ total income for FY 2008 stood at Rs 8624 mn, up 56% from Rs 5536 mn in FY 2007. PAT for FY 2008 stood at Rs 600 mn, up 42% from Rs 423 mn in FY 2007.

EPS for FY2008 was Rs. 44.9 viz. Rs. 32.9 in the previous fiscal.

Announcing the results, Mr. Kishore K. Avarsekar, Chairman and Managing Director, Unity Infraprojects Limited said, “The strong performance is a reflection of the tremendous growth opportunities in the Indian construction and infrastructure segments, and the demonstrated competence and client orientation of Unity Infraprojects. We have significantly added large and varied projects to our order book over the last year, and expect continued significant wins ahead.”

As of May 31, 2008, Unity Infraprojects had Rs 30,224.6 million worth of order outstanding, representing a 51.4% growth over an order book of Rs 1996.4 mn in March 2007.

Source: Press Release Distribution via India PRwire