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 reports standalone net profit of Rs 47.91 crore in the March 2021 quarter
 ( Results - Announcements 14-Jun-21   18:02 )
  Ramky Infrastructure schedules board meeting
 ( Corporate News - 08-Aug-22   10:18 )
  Ramky Infrastructure to conduct AGM
 ( Corporate News - 23-Aug-19   17:43 )
  Ramky Infra rallies on securing orders worth Rs 131 crore
 ( Hot Pursuit - 27-Jun-24   12:07 )
  Ramky Infrastructure announces board meeting date
 ( Corporate News - 12-Nov-18   10:59 )
  Ramky Infrastructure to announce Quarterly Result
 ( Corporate News - 28-Oct-21   11:54 )
  Ramky Infrastructure secures work orders worth Rs 131.19 cr
 ( Corporate News - 27-Jun-24   13:58 )
  Ramky Infrastructure to hold board meeting
 ( Corporate News - 27-May-15   11:04 )
  Ramky Infrastructure bags two construction project valued at Rs 546.54 cr
 ( Corporate News - 12-Apr-17   14:00 )
  Ramky Infrastructure to conduct board meeting
 ( Corporate News - 21-Jul-21   10:38 )
  Ramky Infrastructure bags road project valued at Rs 209.89 crore
 ( Corporate News - 19-Jan-15   14:33 )
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