New Delhi, Vipul Limited, Indias one of the leading real estate companies has reported net sales of Rs. 268.82 crore for the year ended March 31st 2010, as compared to Rs. 419.44 crore posted in the corresponding period of last fiscal.
Net Profit for the year was at Rs. 16.21 crore as compared to Rs. 18 crore posted in the corresponding period of last fiscal. Earnings per share (EPS) for the quarter stood at Rs. 2.70, as compared to Rs. 3.21 in the corresponding period of last fiscal.
The figures are not comparable because in FY2009 the company has taken effect of Amalgamation of its Six Wholly Owned Subsidiaries.
Major Developments:
The company has split its equity shares of face value Rs. 2 /- each into the face value of Rs. 1/- each
The equity shares of the Company are permitted to trade and admitted to dealings on the National Stock Exchange (NSE) w.e.f. January 08, 2010
Notes to Editor
About Vipul Ltd.
Vipul Ltd. has presence across the verticals of real estate i.e. Commercial, Residential, Hotel, Office Space and SEZ. It has so far delivered about 6.75 million sq ft (including JVs) and is presently working on an area of about 10 million sq. ft. through Integrated Townships, High-End Luxury Apartments, Independent Floors, Retail & Commercial Towers, Hotels and SEZ.
Presently Vipul Ltd has a land bank of more than 1400 acres with presence across major cities like Gurgaon, Manesar, Dharuhera, Mohali, Amritsar, Ludhiana, Bhubaneswar, Hyderabad, Nagpur, Siliguri and Kolkata.
