Capacit'e Infraprojects Ltd's Net Profit Jumps 72% For Q2FY20

New Delhi: Mumbai-based Capacit'e Infraprojects Ltd’s net profit jumped 72 percent at Rs 39.8 crore for the second quarter of the current financial year as compared to Rs 23 crore in the corresponding quarter of the previous fiscal.

The revenue of the company, however, dropped 9 percent at Rs 413.5 crore for the second quarter of the ongoing fiscal as against Rs 454.8 crore in the same period of the previous financial year, it said in a statement. The total orderbook  (Private + Public) excluding MHADA was at Rs 11,137 crore as on 30 September 30, 2019. The residential segment’s share was 83 percent of the orderbook and commercial & institutional segments share was 17 percent.

““We are extremely satisfied with our performance during the first half of the financial year despite challenges faced by the company in terms of non-availability of labour during the first quarter & heavy rainfall,” said Rohit Katyal, Executive Director & CFO, Capacit'e Infraprojects Ltd. 

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