Maytas Infra achieves Turnover of Rs. 384 Crores, reports Net Profit of Rs. 20 Crores in the first Quarter

Hyderabad, India, July 30, 2008: IL&FS Engineering and Construction Company Limited [Maytas] today declared its unaudited financial results for the first quarter of the current financial year 2008-09.

The Company achieved a turnover of Rs.384 Cr with an EBIDTA of Rs 69 Cr and a post tax profit (PAT) of Rs 20 Cr for the quarter ended June, 2008.

The Company has reported an EPS of Rs. 3.41.

The Company’s Order Book as at July 30, 2008 stood at Rs.11474 Cr.

Commenting on the results, Mr. P K Madhav, CEO, Maytas Infra said, “We continue to grow consistently and our results for this quarter are reflective of the same. We have bagged some prestigious projects in this quarter and are seeing significant traction across all the verticals.”