Hyderabad : Ramky Infrastructure
Limited (RIL) has announced its financial results for the first quarter ended
June 30, 2024, showcasing a steady performance and strong growth trajectory
despite the absence of a prior period one-time claim that had boosted the previous
year's figures.
(INR
in Million)
|
S.No |
Particulars |
Consolidated |
Standalone |
||
|
|
|
Q1 FY
24-25 |
Q1 FY
23-24 |
Q1 FY
24-25 |
Q1 FY
23-24 |
|
1. |
Revenue
from Operation |
5,691.27
|
5,567.96*
|
5,501.44
|
5,315.43*
|
|
2. |
EBITDA
|
1,520.32
|
1,944.42
|
1,411.92
|
1,660.06
|
|
3. |
Profit
Before Tax |
1,105.98
|
1,430.91*
|
1,200.33
|
1,415.51*
|
|
4. |
Profit
After Tax |
709.75
|
1,052.98*
|
864.18
|
1,064.01*
|
*Includes one-time prior period claim of
INR 500 Million.
For Q1 FY 2024-25,
Ramky Infrastructure Limited reported consolidated revenues of INR 5,691.27 Million, reflecting a year-on-year improvement
compared to INR 5,567.96 Million in Q1 FY 2023-24.
The company's profit before tax stood at INR 1,105.98 Million,
while profit after tax was INR 709.75 Million,
compared to INR 1,430.91 Million and INR 1,052.98 Million, respectively, in the corresponding quarter of
the previous year.
However, after
adjusting for the INR 500 Million one-time prior
period claim received in Q1 FY 2023-24, the company’s growth becomes more
pronounced, with revenue from operations, profit before tax, and profit after
tax showing increases of 12.29%, 18.80%, and 28.35%, respectively.
On a standalone basis,
the company achieved revenues of INR 5,501.44 Million
for Q1 FY 2024-25, marking a year-on-year growth compared to INR 5,315.43 Million in Q1 FY 2023-24. Profit before tax for the
quarter stood at INR 1,200.33 Million, while profit
after tax was INR 864.18 Million, compared to INR
1,415.51 Million and INR 1,064.01 Million, respectively, in the previous year’s
corresponding quarter.
When considering the
one-time INR 500 Million claim received in the
previous year’s quarter, the growth rates for revenue from operations, profit
before tax, and profit after tax stand at 14.24%, 31.11%, and 53.22%,
respectively.
Commenting on the
results, Mr. Y R Nagaraja, Managing Director of Ramky Infrastructure
Limited, said:
“Company has achieved
progressive results quarter on quarter serially and also year on year
significantly. After accounting for parity in year on year quarterly results adjusting
one time claim in the previous year, there is a significant improvement in
performance in the Q1 June 2024-25.
Revenue growth of
12.29% and profitability growth of 28.35% at consolidated level was achieved
despite certain disruptions due to resource alignment such as labour etc.,
during the nationwide elections.”
Mr. N S Rao, CFO, Ramky
Group said “Our financial performance in Q1 FY
2024-25 underscores the strength of our fiscal discipline and strategic
foresight. Despite the seasonal economic headwinds, we have maintained a
healthy growth trajectory, with significant improvements in our core financial
metrics when adjusted for last year's one-time gain. We remain committed to
optimizing our capital structure and enhancing shareholder value as we continue
to drive sustainable growth.”
Ramky Infrastructure
Limited continues to focus on executing its growth strategy while maintaining
operational efficiency. The company remains optimistic about its prospects for
the coming quarters as it continues to build on its solid foundation and
explore new opportunities in the infrastructure sector.
About Ramky
Infrastructure
Ramky Infrastructure
Limited (Ramky) is a flagship company of Ramky Group, one of the leaders in the
realm of infrastructure development. Since the incorporation of its business in
1994, the Company has completed a wide range of construction and infrastructure
projects focusing on Industrial Infrastructure development and EPC projects in
the fields of Water, Wastewater Treatment, Roads, Bridges, and Urban
Infrastructure Development. With a highly skilled team of over 2000 people,
headquartered in Hyderabad, Telangana, it manages its business operations in
India & overseas markets.
Ramky Infrastructure
Limited is an infrastructure development-centric, environment-concerned, and
development-oriented company. Ramky is ISO 9001:2015 (QMS), ISO
14001:2015(EMS), and ISO 45001:2017 (OHS) certified for Quality Management
Systems, Environment Management Systems, and Occupational Health & Safety
Management Systems which the Company applies to the design, development,
engineering, procurement and construction of projects.
For more details,
please visit https://ramkyinfrastructure.com/