RPP Infra bags orders worth Rs 54.2 cr

28/12/2016 15:30

RPP Infra Projects said it has received order from Kamarajar Port for construction of container pre-stacking yard and other ancillary facilities of Rs 24.2 crore.

It has also received a work order from Annai Infra Developers, Erode for Chennai Corporation to construct the integrated storm water drains in Virugambakkam and Arumbakkam water shed for Cooum basin in expanded area of Chennai Corporation of Rs 30 crore.

Arulsundaram, CMD of RPP Infra said, “The company is poised to garner a sizable growth from this by winning orders currently and few more orders going ahead.”

“We are happy that the revenues and profit of our company will touch new heights in coming years,” he added.

Meanwhile, shares of the company closed trading at Rs 236 apiece, up 19.98 per cent from the previous on BSE.

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