Noida Toll Bridge Q1 net soars 294 percent
New Delhi, July 17 (UNI) Noida Toll Bridge Company Ltd (NTBCL) today said it has posted a 294 per cent increase in net profit at Rs 6.55 crore for the quarter ended June 30, 2007 as against Rs 1.66 crore during the same quarter a year ago.
The Average Daily Traffic (ADT) for the quarter was 75,373 vehicles as compared to 63,133 vehicles in the corresponding quarter of the previous financial year, showing a increase of 19 per cent, company said in a statement.
During the quarter, Phase I of the Mayur Vihar Link Road Project was opened to traffic which improved the accessibility of the Delhi Noida Bridge Project (DND Flyway).
UNI
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Story first published: Tuesday, July 17, 2007, 21:08 [IST]