Akash Infra-Projects announced its standalone and consolidated financials for the half year ended on September 30, 2019 marking rise in profit despite lower revenues.

Company : Akash Infra Projects Limited

Akash Infra-Projects earned standalone revenue of Rs.40.71 crore in the first half of FY2019-20 whereas in the preceding year same period it was Rs.43.46 crore.

Standalone net profit for the company reached Rs.1.36 crore in HY1 of FY19-20 showing a rise when compared to Rs.95.95 lacs in a year ago period.

The standalone financials for the recently concluded year 2018-19 shows Akash Infra-Projects marking a PAT of Rs.1.71 crore with revenue of Rs.96.79 crore.

Following are the consolidated HY1 financial figures of FY2019-20 at Akash Infra-Projects:

- Net profit reached Rs.1.30 crore whereas previous year same period it was Rs.97.03 lacs

- Earnings per share stands at Rs.0.77

- Total revenue earned is Rs.46.26 crore as compared to Rs.51.39 crore in a year ago period.

The total consolidated earnings at Akash Infra-Projectsin the financial year 2018-19 was Rs.111.57 crore and PAT was Rs.1.70 crore.

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