Dredging Corp Q4 net profit up at Rs 53.95 cr

Mumbai, Apr 29: Dredging Corporation of India Ltd has posted a net profit of Rs 53.95 crore in Q4 FY 06 as against Rs 33.01 crore in Q4 FY 05, the company informed the Bombay Stock Exchange (BSE) today.

The company's total income has also increased from Rs 145 crore in Q4 FY 05 to Rs 146.15 crore in Q4 FY 06.

For FY 06, the company's net profit increased to Rs 171.50 crore as compared to Rs 113.29 crore in FY 05. Its total income has, however, decreased from Rs 551.62 crore in FY 05 to Rs 538.80 crore in FY 06.

UNI