Srinagar Banihal Expressway (SBEL), a material subsidiary of Ramky Infrastructure (RIL) has allotted 16% Secured, Unlisted, Unrated, Redeemable, Non-convertible Debentures (NCDs) to two investors to the extent of Rs 300 crore. One of the subscribers to this NCD happens to be a member of the promoter group of RIL. The proceeds from the debentures are used for the repayment of part of the outstanding Inter Corporate Deposit (ICD) that was borrowed from member of the promoter group of RIL to facilitate settlement of the One Time Settlement obligation to the erstwhile lenders on stipulated due date being 31 January 2024, which was reported earlier. Powered by Capital Market - Live News

Ramky Infrastructure has entered into two contracts with Greater Chennai Corporation, Chennai for reclamation of Kodungaiyur Dumping Ground through Biomining (Package 2 and 5). The contracts have enhanced the capability of the company in the field of providing Eco Infrastructure Solutions to the society and nation at large. Powered by Capital Market - Live News

Net profit of Ramky Infrastructure rose 436.47% to Rs 36.48 crore in the quarter ended December 2023 as against Rs 6.80 crore during the previous quarter ended December 2022. Sales rose 5.70% to Rs 440.72 crore in the quarter ended December 2023 as against Rs 416.97 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales440.72416.97 6 OPM %17.4521.33 - PBDT71.6345.16 59 PBT59.3534.05 74 NP36.486.80 436 Powered by Capital Market - Live News

Ramky Infrastructure will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News

Net profit of Ramky Infrastructure rose 116.70% to Rs 112.62 crore in the quarter ended September 2023 as against Rs 51.97 crore during the previous quarter ended September 2022. Sales rose 71.15% to Rs 581.81 crore in the quarter ended September 2023 as against Rs 339.94 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales581.81339.94 71 OPM %31.0419.10 - PBDT175.5421.71 709 PBT163.5811.98 1265 NP112.6251.97 117 Powered by Capital Market - Live News