Ansal Properties & Infra Q3 net up 256%

Ansal Properties & Infrastructure Ltd, the flagship company of the Ansal API group, on Wednesday reported a net income of Rs 197.28 crore for the third quarter ended December 31, 2006, up 194 per cent over the net income in the same quarter previous fiscal, a company release said. Net Profit for the quarter grew by 256 per cent to Rs 40.19 crore against Rs 11.30 crore in Q3 FY06.

Sushil Ansal, chairman, Ansal API said the results were in line with expectations and that the group is growing steadily.