Indian realty firm Ashiana Housing has reported 11% up in its net profit at Rs 13.04 crore for the quarter ended June as against Rs 11.71 crore in the year-ago period.
The revenue, however, declined marginally to Rs 42.51 crore during April-June period of this fiscal against Rs 42.85 crore in the corresponding period of 2010-11 financial year.
The company''s operating expenditure reduced to Rs 26.16 crore in the first quarter of this fiscal as against Rs 27.94 crore in the year-ago period.
During the June quarter, the company''s sales booking increased by 17 per cent to 3.81 lakh sq ft from 3.26 lakh sq ft in the corresponding period of previous year.
Mr. Vishal Gupta MD of Ashiana Housing said "With robust bookings and smooth constructions, we are geared up to meet our annual target of 16 lakh sq ft of bookings and 14 lakhs sq ft of equivalent area construction," .
The revenue, however, declined marginally to Rs 42.51 crore during April-June period of this fiscal against Rs 42.85 crore in the corresponding period of 2010-11 financial year.
The company''s operating expenditure reduced to Rs 26.16 crore in the first quarter of this fiscal as against Rs 27.94 crore in the year-ago period.
During the June quarter, the company''s sales booking increased by 17 per cent to 3.81 lakh sq ft from 3.26 lakh sq ft in the corresponding period of previous year.
Mr. Vishal Gupta MD of Ashiana Housing said "With robust bookings and smooth constructions, we are geared up to meet our annual target of 16 lakh sq ft of bookings and 14 lakhs sq ft of equivalent area construction," .
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