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IVRCL turnover crosses Rs. 2,500-crore mark

HYDERABAD: IVRCL Infrastructures and Projects posted a turnover of Rs. 2,518.50 crore in 2006-07, 47 per cent growth over the previous year. The profit after tax was up by 57 per cent at Rs. 168.90 crore against Rs. 107.80 crore. The company, on a standalone basis, clocked a turnover of Rs. 2,346.50 crore. The company has recommended a dividend of Re. 1 per share of Rs. 2 resulting in 50 per cent payout.

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