Synopsis:
R.P.P Infra Projects Ltd has secured a ₹125.92 crore contract for constructing office-cum-training and residential facilities for NADFM in Pune. The project, awarded by the Chief Construction Engineer (R&D), is to be completed within 36 months.
The shares of an Infrastructure company, specializing in a wide range of infrastructure development projects, including roads, buildings, industrial structures, power, irrigation, and water management, jumped upto 8 percent upon receiving a work order from the Chief Construction Engineer (R&D), Pune.
With a market capitalization of Rs. 606.37 crores on Monday, the shares of R.P.P. Infra Projects Limited jumped upto 7.7 percent, making a high of Rs. 127.10 per share compared to its previous closing price of Rs. 117.95 per share.
What Happened
R.P.P Infra Projects Ltd, engaged in a wide range of infrastructure development projects, including roads, buildings, industrial structures, power, irrigation, and water management, has secured a new domestic order worth Rs. 125.92 crores from the Chief Construction Engineer (R&D), Pune.
The project involves civil construction of an office-cum-training building and residential facilities for the National Academy of Defence Financial Management (NADFM) in Pune. The contract will be executed over 36 months.
Also read: Railway stock in focus after receiving ₹144 Cr contract from South Central Railway
Financials & Others
The company’s revenue rose by 3.23 percent from Rs. 336 crore to Rs. 347 crore in Q1FY25-26. Meanwhile, Net profit decreased from Rs. 17 crore to Rs. 11 crore during the same period.
R.P.P. Infra Projects Limited is an infrastructure company with a diverse portfolio spanning multiple sectors. They operate primarily in infrastructure development, specializing in highways, roads, bridges, industrial structures, power, irrigation, and water management projects.
It has been awarded 19 new projects in India worth Rs. 1,878.04 crores up to March 2025, along with a Rs. 764 crore residential project, “Legend 96,” in Sri Lanka, approved by the Sri Lankan Board of Investments. Funding proposals for this project have been submitted to local banks.
The company is also L1 in projects worth Rs. 543.21 crores and expects more positive developments. As of now, the order book includes 47 projects with Rs. 2,762.89 crores of work pending, which is expected to drive strong growth in the current and upcoming financial years.
Written by Sridhar J
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