Prajay Q2 net up 493%

Hyderabad, Oct 30 (UNI) Prajay Engineers Syndicate, a Hyderabad-based infrastructure company, has reported 493 per cent year-on-year increase in its net profit for the quarter ended September 30, 2006 at Rs 13.41 crore while its total income rose 217 per cent YoY in the same period.

The company's total revenues for the quarter stood at Rs 32.13 crore of which Rs 31.89 crore come from operations and other income accounted for Rs 24.15 lakh.

Its revenues for the first half of the current financial year stood at Rs 69.05 crore and net profit at Rs 26.66 crore, the company said in a release here.

UNI DB GM 1746