IVRCL turnover exceeds USD one billion

Hyderabad, May 28 (UNI) The IVRCL Infrastructure and Projects Limited has achieved a turnover of over Rs 36,981 million for the year 2007-08, as against Rs 23,465 million for the previous financial year, by recording a growth of 58 per cent.

The group profit after tax was Rs 2,105 million against Rs 1,415 million for the previous year indicating an increase of 49 per cent, according to a release here today.

The earnings before interest, depreciation and taxes was around Rs 3,660 million as against Rs 2,392 million in the previous year, the release added.

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