During Thursday’s trading session, the shares of a leading Indian infrastructure company surged by nearly 1 percent to Rs. 296.95 on NSE, after the company reported H1 FY25 results with a rise in net profit of 349.6 percent HoH.
With a market cap of Rs. 728.5 crores, at 11:45 a.m., the shares of Vishnusurya Projects and Infra Limited were trading in the green at Rs. 296, up by nearly 0.7 percent, compared to its previous closing price of Rs. 294.
What’s the news:
The fluctuations in the share prices were also observed after Vishnusurya Projects and Infra Limited announced the financial results for H1 FY25, through the recent filings with the NSE on Thursday.
In H1 FY25, the revenue from operations reached Rs. 139.13 crores, marking a half-yearly growth of around 6.3 percent from Rs. 131 crores in H2 FY24, and a nearly 37.4 percent rise year-on-year from Rs. 101.3 crores in H1 FY24.
Additionally, Vishnusurya Projects experienced a year-on-year net profit decline of 4 percent, reaching Rs. 22 crores in H1 FY25, down from Rs. 22.7 crores in H1 FY24. In contrast, the company’s net profit grew by 349.6 percent marking a half-yearly growth from Rs. 4.8 crores in H2 FY24.
The company’s net profit margins for H1 FY25 stood at 15.7 percent, a decline from 22.4 percent in H1 FY24, though it improved from 3.7 percent in H2 FY24.
In terms of EBITDA, the company posted an increase from Rs. 14 crores in H2 FY24 to Rs. 32.2 crores in H1 FY25, reflecting a half-yearly growth of about 131.6 percent HoH. However, the EBITDA declined by 5.2 percent YoY compared to Rs. 34 crores in H1 FY24.
Further, the company reported EBITDA margins of 23.2 percent for H1 FY25, marking a decline from 33.6 percent in H1 FY24, but an improvement from 10.6 percent in H2 FY24.
As of H1 FY25, the company holds an EPC order book, including waste management projects, valued at Rs. 338.04 crores and is well-positioned to capitalise on upcoming market opportunities.
Operational Highlights for H1 FY25:
Vishnusurya Projects and Infra Limited expanded its operations with the acquisition of a new aggregates unit in Hosur, Tamil Nadu. This addition
of 15.75 lakh MT annual capacity brings the company’s total production to 40 lakh MT per year, expanding its presence across South, North, and West Tamil Nadu.
The company secured an EPC contract worth Rs. 123.34 crores for the Palamu Pipeline Irrigation Project in Jharkhand. The contract, awarded by JWIL-VKMCPL J, involved the design and construction of water lifting systems from the North Koel and Auranga Rivers.
In a significant step towards sustainable waste management, Vishnusurya Projects secured a Rs. 36 crore project from Tambaram City Municipal Corporation, in partnership with Gorantla Geo Synthetic Pvt Ltd. The project involved bio-mining 492,834 MT of legacy waste in Kolathur.
The company also commenced operations for a 3.5 lakh MT annual capacity sand washing plant in Hosur, utilising advanced CDE Asia double-wash technology, under an O&M contract.
About the company:
Incorporated in 1996, Vishnusurya Projects and Infra Limited is engaged in the business of mining rough stones and manufacturing aggregates like blue metals & manufactured sand by using Crushing Plants and Sand washing plants.
In addition to mining activities, the company is engaged in EPC Projects (construction and infrastructure) delivered across all key sectors such as water, transportation, rail, resource, housing and institutional development.
Vishnusurya Projects is also involved in buying, selling and providing integrated solutions for Drones-as-a-Service for surveillance, mapping and surveying purposes.
Written by Shivani Singh
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