Ramky Infrastructure Q1 Profits Decline by 32.6%

Ramky Infrastructure Ltd reported a 32.6% decline in consolidated profit after tax for the April-June quarter of the current fiscal year. Despite the drop in profit, revenue from operations rose. The company remains committed to optimizing capital structure and enhancing shareholder value.

Ramky Infrastructure Ltd has seen a sharp 32.6% decline in its consolidated profit after tax, standing at Rs 70.9 crore for the April-June quarter, down from Rs 105.2 crore in the same period last year.

The company's revenue from operations demonstrated resilience, rising to Rs 569.1 crore in the first quarter of 2024-25 from Rs 556.7 crore in the previous year.

'Our financial performance in Q1 FY 2024-25 underscores the strength of our fiscal discipline and strategic foresight,' remarked Ramky Group CFO N S Rao. Despite economic challenges, the company reports a healthy growth trajectory, and emphasizes commitment to capital optimization and shareholder value enhancement.

Specializing in industrial infrastructure development, Ramky Group has completed several EPC projects in water, wastewater treatment, and urban infrastructure development.

(With inputs from agencies.)