Dilip Buildcon’s profit-after-tax falls by 13% to Rs 111 crore

Infrastructure major Dilip Buildcon said on Friday its profit after tax for the quarter ended December 2020 was lower by 12.7 per cent at Rs 111 crore as against Rs 127 crore in the corresponding quarter of previous year.

This was despite 3.5 per cent increase in revenue of Rs 2,473 crore as compared to Rs 2,389 crore in Q3 FY20. Operating expenses went up by 5 per cent to Rs 2,059 crore from Rs 1,961 crore in the same period.

Basic earnings per share (EPS) for Q3 FY21 were Rs 8.12 as against Rs 9.28 in Q3 FY20.