IVRCL Infrastructures & Projects Limited = RESULTS = FOR Q3 FY 2011 = QTR ENDING DECEMBER 2010 =

IVRCL Infrastructures & Projects Limited

NSE Symbol IVRCLINFRA

IVRCL INFRSTRUCTURE & PROJECTS LTD has declared its stand alone results for the 3^rd quarter ended December 2010.

Net Sales is Rs.1410 Cr – up by 34.29% from Q2 FY 11 and up by 19.37% from Q3 FY 10.

Total Expenditure is Rs.1298 cr – up by 30.07% from Q2 FY 11 and up by 19.95% from Q3 FY 10.

Profit from Operations is Rs.121 Cr – up by 56.68% from Q2 FY 11 and up by 18.51% from Q3 FY 10.

Net Profit is Rs.42 cr – up by 81.64% from Q2 FY 11 but down by 7.71% from Q3 FY 10.

Paid Up Equity is Rs.53.402 Cr – compared to Rs.26.701 Cr in Q3 FY 10.

Basic EPS     on Face Value of Rs.2 is Rs.1.58 – compared to Rs.0.87 in Q2 FY 11 on enhanced equity and Rs.3.43 on lower equity in Q3 FY 10.

Current Market price is Rs.75.

RESULTS TABLE :

IVRCL INFRA	31-Dec-10	30-Sep-10	31-Dec-09
Net Sales	141040.54	105023.21	118154.94
DIF %1	1410	34.29	19.37
Other Operatng Income	838.55	2479.25	249.72
Raw Materials	53251.72	40950.32	42495.96
Employees Cost	6036.76	6327.13	4785.94
Depreciation	1988.07	1842.03	1387.67
Other Expenditure	68550.12	50690.45	59564.72
Total Expenditure	129826.67	99809.93	108234.29
DIF %2	1298	30.07	19.95
Profit from Operations	12052.42	7692.53	10170.37
DIF %3	121	56.68	18.51
Other Income	112.13	565.02	389.73
Interest	5918.03	4804.91	3683.95
Profit before tax	6246.52	3452.64	6876.15
Tax expense	2017.61	1124.46	2294.06
Net Profit	4228.91	2328.18	4582.09
DIF %4	42	81.64	-7.71
Face Value (In Rs	2	2	2
Paid Up Equity	5340.2	5340.2	2670.1
Basic EPS	1.58	0.87	3.43
Diluted EPS	1.57	0.86	-
Public Holding (%)	90.48	90.47	90.27

PREVIOUS YEARS :

In Millions
Particulars	2009-10	2008-09	2007-08
Turnover	54,944.22	49,830.92	36,981.14
Profit before Tax	3,288.37	2,737.76	2,853.30
Profit after Tax	2,113.13	2,259.69	2,104.77
Equity Capital	534.02	267.01	266.98
Reserves & Surplus	17,998.57	17,838.76	15,792.80
Net Worth	18,532.59	18,105.77	16,059.78
Gross Block	7,501.77	6,623.50	4,175.96
Net Block	5,663.94	5,206.97	3,191.94
Book Value ()	*69.41	135.62	120.31
EPS () Basic	*7.91	16.93	16.08
Dividend	40%	70%	70%
* For the year 2009-10 after bonus issue

ANNOUNCEMENTS

TO THE EXCHANGE

14-02-2011    IVRCL Infrastructures & Projects Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2010 as follows: Net Sales of Rs. 141040.54 lacs for quarter ending on 31-DEC-2010 against Rs. 118154.94 lacs for the quarter ending on 31-DEC-2009. Net Profit / (Loss) of Rs. 4228.91 lacs for the quarter ending on 31-DEC-2010 against Rs. 4582.09 lacs for the quarter ending on 31-DEC-2009.

29-11-2010 Ivrcl Infrastructures & Projects Limited has informed the Exchange regarding a press release dated November 29, 2010 , titled "IVRCL BAGS ORDERS VALUED RS.500.49 CRORES"

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