PSP Projects Ltd’s net profit jumps 12% at Rs 34 cr for Q4FY20
New Delhi: PSP Projects Ltd’s consolidated net profit jumped 12 percent at Rs 34.54 crore for the fourth ended 31 March 2020 as against Rs 29.73 crore in the same quarter of the previous fiscal.
The consolidated revenue from operation of the company jumped 35 percent to Rs 456 crore for the fourth quarter ended 31 March 2020 as compared to Rs 338 crore in the same quarter of the previous fiscal.
For the entire fiscal 2019-20, the consolidated net profit loss jumped 48 percent Rs 128 crore as against a net profit of Rs 89 crore in the previous fiscal.
For the entire fiscal 2019-20, the consolidated revenues from operations of the company jumped around 43 percent to Rs 1,499 crore as against Rs 1,050 crore in the previous fiscal, the company said in a regulatory filing.