R.P.P Infra Projects Ltd wins new orders worth approx. Rs. 133.48 Crores

RPP Infra Projects Ltd has received a letter of acceptance for a new projects viz., Supplying, Fabricating & Erecting Structural Steel works including roofing for Pre-Engineered Buidlings & Workshops for proposed BMRCL Metro Depot at Challaghatta, Bangalore.at a contract price of INR 80.85 Crores(Incl of GST).

M/s. RPP Infra Projects Ltd and M/s Samrat Construction - M/s RPP-Samrat (JV) has been received letter of acceptance for two new projects - Providing additional source under Retrofitting of Ramnad CWSS covering 5 Municipalities, 11 Town Panchayats and 3163 Rural Habitations in Ramanathapuram, Sivagangai and Pudukottai Districts for the Construction Period of 12 Months and Operation and Maintenance for 60 Months for the Value of INR 29.75 Crore( Incl GST) and Operation and Maintenance of the CWSS in 3 Nos. of Thiruvarur District including repair and rectification works and supply of chemicals for three years period from 07-07-2023 to 31-03-2026 for the Value of INR 22.88 Crores (Incl GST).

The Company has achieved revenue from operation for Q2 Rs. 367.69 cr as compared to previous quarter Rs.238.57 cr, recording an rise of 54% as compared to previous quarter ended on June 2023. Net profit increased to Rs. 16.95¢cr against Rs. 10.44 cr in the previous quarter witness 62.35% growth as compared to previous quarter.

Shares of R.P.P. Infra Projects Limited was last trading in BSE at Rs. 95.81 as compared to the previous close of Rs. 93.94. The total number of shares traded during the day was 78297 in over 125 trades.

The stock hit an intraday high of Rs. 95.81 and intraday low of 95.81. The net turnover during the day was Rs. 7501635.00.

Source : Equity Bulls

Keywords

RPPInfraProjects INE324L01013 OrderWin