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Dilip Buildcon reports 55% fall in Q1 consolidated net profit

Dilip Buildcon has reported results for first quarter ended June 30, 2019.

The company has reported a fall of 50.87% in its net profit at Rs 125.24 crore for the quarter under review as compared to Rs 254.89 crore for the same quarter in the previous year. Total income of the company decreased by 5.94% at Rs 2,300.05 crore for Q1FY20 as compared Rs 2445.43 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 54.74% in its net profit at Rs 100.28 crore for the quarter under review as compared to Rs 221.57 crore for the same quarter in the previous year. Total income of the company marginally decreased by 3.23% at Rs 2,450.27 crore for Q1FY20 as compared Rs 2532.16 crore for the corresponding quarter previous year.

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