Ramky Infra Q4 net profit at Rs 57 cr
Hyderabad: Ramky Infrastructure said its consolidated profit after tax for the March quarter was Rs 57.5 crore compared to Rs 1077 crore in the corresponding period the previous year.
Revenues from operations stood at Rs 581 crore for the quarter, up from Rs 576 crore the previous year, according to NS Rao, chief financial officer of Ramky Group.
Speaking at a press conference, he said the PAT figures of the fourth quarter of FY24 and FY23 are not comparable. The company had an exceptional item of Rs 1,294 crore. Then it reported a loss of Rs 217 crore. After the exceptional income, the profit after tax during the fourth quarter of 2022-23 came to Rs 1,077 crore.
Rao further said the order book of the company stands at Rs 9,300 crore. It would look to raise about Rs 280 crore in five months.
YR Nagaraja, managing director, said the company, among other projects, successfully completed and handed over sewerage treatment plants of 15 MLD and 41.5 MLD capacities in Hyderabad during the last fiscal. Two more would be commissioned in Telangana by the end of June this year. The first single boiler of the largest capacity of 800 tonne per day in India to produce 14.5 MW waste to energy Dundigal project is in operation, he said.