Lanco Infratech Q2 net profit dips 42.51 pc at Rs 70.45 cr

MUMBAI: Lanco Infratech on Friday reported a decline of 42.51 per cent in its net profit at Rs 70.45 crore for the second quarter ending September 30. The infrastructure firm had posted a net profit of Rs 122.56 crore in July-September quarter last year, Lanco Infratech said in a filing to the Bombay Stock Exchange.

However, the company's total income increased to Rs 2,114.21 crore in the September quarter from Rs 1,943.29 crore in the year-ago period, the filing added. Share of Lanco Infratech was trading at Rs 62.25, down 2.81 per cent from the previous close on BSE.