ARSS reports 9% rise in income in Q2FY12
ARSS Infrastructure Projects has reported 9.77% increase in its income from operations at Rs220.34 crore in the second quarter of FY12, as against Rs200.72 crore in the same period last year.
The company’s EBITDA stood at Rs69.47 crore, registering a growth of 37.73% sequentially. Its PAT stood at Rs17.07 crore as against Rs16.72 crore last year, an increase of 2.09%.
Its EPS climbed to Rs11.50 from Rs11.27 in this period.
The company’s order book stands at Rs3769 Crore, with L1 position in orders worth Rs185 crore.
Sunil Agarwal, CEO, ARSS said: “I am proud to share the winning of contracts worth over Rs350 crore in this quarter along with the Q2FY12 results. Our current order book stands close to Rs3,800 crore.”
ARSS mainly focuses on infrastructure construction segment including highways, buildings and railways.