Dilip Buildcon Q4 profit up 11% at Rs 217 crore

INSUBCONTINENT EXCLUSIVE:
Highways sector player Dilip Buildcon today reported a 11.01 per cent jump in its standalone net profit to Rs 217.7 crore for the quarter
ended March 2018. The company had clocked a standalone net profit of Rs 196.1 crore for the year-ago quarter. Its total income rose to Rs
2,562 crore during the quarter as against Rs 1,753.5 crore in the year-ago period. The company's total expenses also rose to Rs 2,283.8
crore during the quarter against Rs 1,563 crore in the same quarter of 2016-17. Shares of the company closed at Rs 917.60 apiece on the BSE,
down 12.87 per cent from their previous close.