Lanco Infratech Q3FY08 Results

Lanco Infratech Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 389.13 million for the quarter ended December 31, 2007 where as the same was at Rs 203.06 million for the quarter ended December 31, 2006. Total Income is Rs 3892.80 million for the quarter ended December 31, 2007 where as the same was at Rs 1375.31 million for the quarter ended December 31, 2006.

The Consolidated Results are as follows:

The Group has posted a profit after tax, minority & share of profits of associates of Rs 825.19 million for the quarter ended December 31, 2007 where as the same was at Rs 621.90 million for the quarter ended December 31, 2006. Total Income is Rs 7968.21 million for the quarter ended December 31, 2007 where as the same was at Rs 4507.00 million for the quarter ended December 31, 2006.

During the year ended March 31, 2007 the Company had consolidated certain group entities engaged in the business of Power, Construction and Property Development under its management. Consequently, these Companies have become its subsidiaries / associates. Hence, the consolidated results for the current period are not fully comparable with those of the corresponding period of the previous year.