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Over three dozen firms including Alembic, Astec Lifesciences, Binani Ind, Century Enka, Coromandel International, Elgi Equipments, Equitas, Escorts, NIIT, NDTV, HeidelbergCement, India Cements, Karur Vysya Bank, LIC Housing Finance, L&T, NR Agarwal, Oriental Carbon, Ramky Infrastructure, SKF India, Subex, Tanla Solutions and Zuari Agro Chemicals will announce their April-June quarter numbers on Thursday.
Ramky Infrastructure today said it has won a Rs 337 crore highway project in Jharkhand from National Highways Authority of India.
Ramky Infrastructure Limited has been awarded a project worth Rs 336.60 Crores in the State of Jharkhand by the National Highway Authority of India on EPC Contract, said Ramky Infra in its BSE filing on Monday, 08 May 2017.
Ramky Infrastructure has sold an industrial plot for ₹219 crore, and the proceeds have been used to complete the debt asset swap arrangement with ICICI Bank. Of the total consideration, ₹196 crore was adjusted towards the debt of Ramky Infrastructure, and the remaining ₹23 crore to settle the debt of the company’s joint venture firm, NAM Expressway, the company said. The stock of Ramky Infrastructure closed at ₹107.
Ramky Infrastructure hit an upper circuit limit of 20% at Rs 106.70 at 15:15 IST on BSE, extending recent gains on fresh buying by investors.
Ramky Infrastructure Limited posted a net profit of Rs 27.63 crore for the third quarter ended December 31, 2016 as against a loss of Rs 10.43 crore for the corresponding quarter last year on a standalone basis.
Ramky Infrastructure’s standalone net loss narrowed to Rs 41.5 crore during the second quarter ended September 30, 2016.
Ramky Infrastructure Ltd’s standalone net loss narrowed to Rs 15.01 crore for the quarter ended June 30, 2016 on the back higher revenue and lower expenses.
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