Hot Pursuit     09-Jul-24
RPP Infra soars on bagging construction orders
RPP Infra Projects surged 15.52% to Rs 165.95 after the company said it secured new orders valued at Rs 310.93 crore.
These orders involve the construction of two new district jails in Uttar Pradesh on engineering, procurement, and construction (EPC) model.

One jail will be built in Hapur with a capacity of 1,026 inmates and a contract value of Rs 158.82 crore. The other jail will be constructed in Jaunpur, also with a capacity of 1,026 inmates, for a contract value of Rs 152.11 crore. Both projects are expected to be completed within 18 months.

RPP Infra Projects' total order book stood at Rs 3,200 crore as of 30 June 2024.

RPP Infra Projects is engaged in infrastructure development such as roads, buildings, industrial structures, power and irrigation.

The company’s consolidated net profit slipped 15% to Rs 13.61 crore in Q4 FY24 as against with Rs 16.01 crore posted in Q4 FY23. Net sales stood at Rs 412.01 crore in the fourth quarter of FY24, registering a growth of 34.8% year on year.

Previous News
  RPP Infra Projects consolidated net profit rises 61.57% in the December 2022 quarter
 ( Results - Announcements 13-Feb-23   07:49 )
  RPP Infra Projects consolidated net profit rises 6.82% in the June 2022 quarter
 ( Results - Announcements 13-Aug-22   08:21 )
  RPP Infra rises on bagging order worth Rs 148 cr
 ( Hot Pursuit - 29-Mar-23   11:58 )
  RPP Infra Projects to conduct AGM
 ( Corporate News - 19-Sep-24   10:10 )
  RPP Infra Projects revises board meeting date
 ( Corporate News - 29-May-21   15:59 )
  RPP Infra Projects to hold board meeting
 ( Corporate News - 29-Aug-23   17:11 )
  RPP Infra Projects to convene board meeting
 ( Corporate News - 31-Jul-21   12:49 )
  RPP Infra Projects to hold EGM
 ( Corporate News - 20-May-20   18:23 )
  RPP Infra Projects standalone net profit rises 6.82% in the June 2022 quarter
 ( Results - Announcements 13-Aug-22   08:21 )
  RPP Infra Projects to table results
 ( Corporate News - 08-Feb-21   10:59 )
  RPP Infra Projects receives credit ratings for bank facilities
 ( Corporate News - 16-Oct-20   11:21 )
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