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Ramky Infrastructures clocked a 61 per cent increase in its consolidated net profit for the quarter ended June 30, 2011, at Rs 44.84 crore, as against Rs 27.76 crore in the year-ago period.
During the quarter, the company's consolidated revenues touched Rs 752.86 crore, up by 67 per cent from the revenues of Rs 450.49 crore clocked during the corresponding quarter of last fiscal.
Mr Alla Ayodhya Rami Reddy, Chairman, Ramky Group, said: “We will continue to focus on operational efficiencies, delivering higher performance to our clients and stress on innovative solutions in infrastructure industry.”
Though the company continues to focus on water and waste water treatment projects, it has been shifting focus to the roads sector in the wake of the huge demand in this segment.
The company has ventured into EPC in the hydro power sector by bagging a project in Chhattisgarh.
Its order book was at Rs 11,477 crore as on June 30, 2011.
The company recently made inroads into the West African market.
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