Ramky Infrastructure Reports Steady Growth in Q1 FY 2024-25

Ramky Infrastructure Limited reported a robust performance for Q1 FY 2024-25, despite the lack of a one-time gain that boosted previous year's figures. The company achieved revenue growth of 12.29% and profit growth of 28.35% after adjustment. Leadership highlighted the firm’s fiscal discipline and strategic foresight.

Hyderabad, 17th August 2024: Ramky Infrastructure Limited (RIL) has revealed its financial results for Q1 FY 2024-25, displaying a solid performance and notable growth despite not having a one-time claim that had previously enhanced last year's results.

The company reported consolidated revenue of INR 5,691.27 Million, a year-on-year improvement from INR 5,567.96 Million. Profit before tax was INR 1,105.98 Million, and profit after tax was INR 709.75 Million, compared to INR 1,430.91 Million and INR 1,052.98 Million in the previous year's corresponding quarter.

After excluding last year's INR 500 Million one-time claim, RIL's growth is more evident, showing increases of 12.29% in revenue, 18.80% in profit before tax, and 28.35% in profit after tax. On a standalone basis, RIL achieved revenues of INR 5,501.44 Million for Q1 FY 2024-25, showing growth from INR 5,315.43 Million in Q1 FY 2023-24.

(With inputs from agencies.)