Dredging Corporation Q1 net plunges 38 pc

Mumbai, July 29 (UNI) The public sector Dredging Corporation of India Ltd has posted a net profit of Rs 33.25 crore for the quarter ended June 30, 2006 as compared to Rs 53.34 crore for the quarter ended June 30, 2005, a fall of 37.66 per cent.

Announcing the results, the company said its total income has decreased from Rs 120.92 crore for the quarter ended June 30, 2005 to Rs 115.40 crore for the quarter ended June 30, 2006.

UNI SN GB SKB1851