Friday, February 10, 2006

ASHIANA HOUSING

AN EXTRACT FROM SOME SITE

On a conservative basis company is likely to do sales of Rs120mn in Q4FY06 with profits of Rs20-22mn. Thus ending FY07 with EPS of Rs9

In FY07 sales are likely to be Rs600mn and profits in the range of Rs90-120mn.

In FY08 company is likely to record revenues of Rs1000mn with net profits in the range of Rs150-200mn.

All its projects are on schedule.

Company also has plans of equity dilution to raise funds for purchase of new properties.

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