Bhubaneswar-based ARSS Infrastructure Projects Ltd said its net profit for the September 2010 quarter jumped 205.6% to Rs16.7 crore from Rs11.3 crore in the same quarter last year.
During the September 2010 quarter, its net sales increased by nearly 206% to Rs200.7 crore from Rs115.9 crore.
Sunil Agarwal, CEO, ARSS Infrastructure Projects Ltd said, "We are seeing a strong demand environment across our industry verticals. Due to this, we have gained substantially over the past few months which have helped us expand our revenue and profit base. The last quarter has been extremely profitable as we have bagged orders at a rapid pace."
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