Hot Pursuit     27-Jun-24
Ramky Infra rallies on securing orders worth Rs 131 crore
Ramky Infrastructure advanced 4.31% to Rs 586.95 after it received two notification of awards (NOA) from Power Grid Corporation of India’s wholly owned subsidiary, Power Grid Energy Services aggregating to Rs 131.19 crore.
The first order entails supply of plant contract for loss reduction work under results-linked, distribution sector scheme (RDSS) in Leh District under implementation of distribution of infrastructure works of Ladakh Power Devplopment Department (LPDD) under RDSS in Leh & Kargil of UT of Ladakh. The time period for completion of the project is 30 months and the cost of the project is Rs 107.39 crore.

The subsquent order includes supply of installation services contract for loss reduction work under RDSS in Leh District under implementation of distribution of infrastructure works of LPDD under RDSS in Leh & Kargil of UT of Ladakh. The project is to be executed in 30 months and the cost of the project is Rs 23.80 crore.

Ramky Infrastructure principally operates in two business segments: construction and development. In the development business, the group constructs roads under built-operate-transfer (BOT modes, industrial parks, special economic zones, and bus terminals.

The company reported a 94.66% decline in consolidate net profit to Rs 57.50 crore on marginal rise in revenue from operations to Rs 581.19 crore in Q4 FY24 over Q4 FY23.

Previous News
  Ramky Infrastructure consolidated net profit declines 84.28% in the June 2022 quarter
 ( Results - Announcements 12-Aug-22   08:10 )
  Srinagar Banihal Expressway raises Rs 300 cr via NCDs
 ( Corporate News - 02-Apr-24   14:13 )
  Ramky Infrastructure reports consolidated net profit of Rs 30.01 crore in the December 2020 quarter
 ( Results - Announcements 13-Feb-21   10:18 )
  Patel Integrated Logistics Ltd Partly Paidup leads losers in 'B' group
 ( Hot Pursuit - 13-Dec-21   14:45 )
  Ramky Infrastructure to conduct board meeting
 ( Corporate News - 29-Jan-22   18:02 )
  Ramky Infrastructure reports standalone net loss of Rs 41.51 crore in the September 2016 quarter
 ( Results - Announcements 14-Dec-16   15:57 )
  Ramky Infrastructure to conduct board meeting
 ( Corporate News - 08-Feb-24   13:55 )
  Ramky Infrastructure gains as work commences at overseas project
 ( Hot Pursuit - 01-Dec-10   11:53 )
  Ramky Infrastructure to announce Quarterly Result
 ( Corporate News - 28-Oct-21   11:54 )
  Ramky Infrastructure IPO opens on 21 September 2010
 ( IPO Centre - IPO News 16-Sep-10   15:09 )
  Ramky Infrastructure to hold AGM
 ( Corporate News - 05-Aug-21   13:35 )
Other Stories
  RVNL gains on emerging as L-1 bidder for Rs 133-cr railway project
  03-Jul-24   15:38
  Cholamandalam Financial Holdings Ltd leads losers in 'A' group
  03-Jul-24   15:00
  Sakuma Exports Ltd leads losers in 'B' group
  03-Jul-24   14:45
  NTPC power generation climbs 9.5% YoY in Q1
  03-Jul-24   14:41
  Volumes soar at MMTC Ltd counter
  03-Jul-24   14:30
  Oil and Gas shares fall
  03-Jul-24   14:00
  Real Estate stocks edge lower
  03-Jul-24   14:00
  Energy stocks edge lower
  03-Jul-24   14:00
  Sundaram-Clayton gains after board OKs to raise funds upto Rs 400 cr
  03-Jul-24   13:38
  JSW Infra's subsidiary concession agreement V.O. Chidambaranar Port Authority
  03-Jul-24   13:34
Back Top