Noida Toll Bridge posts profits after tax
Noida Toll Bridge posts profits after tax
New Delhi: The Noida Toll Bridge Company Ltd, which runs the Delhi Noida Direct tollway connecting the capital to its suburb in Uttar Pradesh, posted revenues of Rs224 million for the quarter ended December 2009, a 12% increase over the year-ago period.
The company posted profits after tax--Rs86 million, as opposed to Rs83 million in the corresponding quarter of 2008--were impacted by additional tax provisions and deferred tax liabilities.
Average daily traffic on the tollway 1.08,440 vehicles, an increase of 6% over the third quarter of 2008.
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