Hot Pursuit     12-Jan-21
RPP Infra Projects sizzles after order win
RPP Infra Projects rose 3.58% to Rs 69.50 after the company announced receipt of new work orders worth Rs 231.77 crore for Chennai Kanyakumari Industrial Corridor Projects.
The order has been awarded to the joint venture, RPP-RK (JV), where the company holds 60% of the shares and joint venture partner R.K. Infra Corp. holds 40%.

As decided by the joint venture, this work order will be executed by RPP Infra Projects subject to completion of formalities. The company has to execute these orders within 24 months.

With the above work order, the company is on way to have an order book of Rs 2,000 crore as on date.

RPP Infra Projects is one of India's fastest growing niche infrastructure players. On a consolidated basis, the company's net profit declined 70.5% to Rs 1.67 crore on a 33% fall in net sales to Rs 94 crore in Q2 September 2020 over Q2 September 2019.

Previous News
  Broader market outperforms; auto shares rise
 ( Market Commentary - Mid-Session 24-Jun-24   14:32 )
  RPP Infra Projects consolidated net profit rises 111.70% in the December 2023 quarter
 ( Results - Announcements 14-Feb-24   17:04 )
  RPP Infra soars on bagging contract worth Rs 138 crore
 ( Hot Pursuit - 18-Jul-23   09:43 )
  RPP Infra Projects to conduct AGM
 ( Corporate News - 08-Sep-23   12:27 )
  RPP Infra Projects announces board meeting date
 ( Corporate News - 02-Feb-22   13:42 )
  RPP Infra soars on bagging orders worth Rs 152 crore
 ( Hot Pursuit - 24-Jun-24   12:11 )
  RPP Infra Projects consolidated net profit declines 70.49% in the September 2020 quarter
 ( Results - Announcements 13-Nov-20   15:35 )
  RPP Infra Projects wins order worth Rs 77.52 crore
 ( Corporate News - 09-Mar-20   16:25 )
  RPP Infra Projects standalone net profit rises 43.71% in the March 2016 quarter
 ( Results - Announcements 28-May-16   17:58 )
  RPP Infra bags new orders worth Rs 157.67 cr
 ( Hot Pursuit - 20-Sep-21   14:50 )
  RPP Infra Projects schedules AGM
 ( Corporate News - 21-Aug-19   10:43 )
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