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Ansal Properties net falls 81 percent
Thursday, 25 June 2009, 22:40 IST
Mumbai: Ansal Properties and Infrastructure Thursday posted 81.24 percent fall in its consolidated net profit for 2008-09 at 
32.54 crore, comparing to 173.52 crore recorded the year before.
Total sales of the company declined to 740.97 crore during the year from 996.68 crore in 2007-08.
The board of directors has proposed a dividend of 50 paise per equity for the year.
Earlier in the day, Unitech Ltd, another realty major, also posted a loss of 28 percent for 2008-09.
Source: IANS
32.54 crore, comparing to 173.52 crore recorded the year before.
Total sales of the company declined to 740.97 crore during the year from 996.68 crore in 2007-08.
The board of directors has proposed a dividend of 50 paise per equity for the year.
Earlier in the day, Unitech Ltd, another realty major, also posted a loss of 28 percent for 2008-09.
Source: IANS