New Delhi, Feb 8 (IBNS) Lanco Infratech Limited (LITL), one of India’s fastest growing integrated infrastructure enterprises, has posted a 54% increase in Profit after Tax (PAT) in the third quarter ended Dec 2010 (Q3 FY2011).

 

For the Quarter, Operating Revenues (before elimination) was up by 59% yoy from Rs 18,342 million to Rs 29,152 million; EBITDA up by 100% yoy from Rs 3,322 million to Rs 6,642 million; Cash Profit down by 30% yoy from Rs 1,565 million to Rs 1,101 million.

 

Profit After Tax, before adjustment for profit on transaction with Subsidiaries and Associates and forex, was up by 113% yoy from Rs 1,328 million to Rs 2,833 million; Profit after Tax up by 54% yoy from Rs 1,068 million to Rs 1,640 million.

 

For the Nine Months, Operating Revenues (before elimination) up by 23% yoy from Rs 65,158 million to Rs 79,875 million; EBITDA up by 74% yoy from Rs 9,967 million to Rs 17,379 million; Cash Profit up by 40% yoy from Rs 4,634 million to Rs 6,466 million.

 

Profit After Tax, before adjustment for profit on transaction with Subsidiaries and Associates and forex, was up by 41%yoy from Rs 4,396 million to Rs 6,197 million; Profit after Tax up by 24% yoy from Rs 3,453 million to Rs 4,292 million.