Financial Highlights (all comparisons to Q1FY08)
- Revenues at Rs 707.98 crore up by 81% as compared to Rs 390.93 crore
- EBIDTA at Rs 147.48 crore up by 64.98% as compared to Rs 89.39 crore
- Net Profit at Rs 52.81 crore up by 85.94% as compared to Rs 28.40 crore
Era Infra Engineering Ltd (BSE script code: 530323 and Script ID: ERAINFRA), an integrated infrastructure development company with a pan India presence, has announced its Q1FY10 financial results for the quarter ended June 30, 2009.
For the quarter ended June 30, 2009, the company recorded revenues of Rs 707.98 crore, an increase of 81% from Rs 390.93 crore in the corresponding quarter last fiscal. EBIDTA stood at Rs 147.48 crore, an increase of 64.98% as compared to Rs 89.39 crore in Q1FY08. Net profit stood at Rs 52.81 crore, up by 85.94% from Rs 28.40 crore.
Highlights of the quarter
During the quarter the Construction & Contracts division of Era Infra Engineering Limited received the following contracts:
- Rs 117.84 crore from Aravali Power Company Private Limited (a JV between NTPC, HPGCL and IPGCL) to construct a permanent township at the Indira Gandhi Super Thermal Power Project, Jhajjar
- Rs 81.04 crore from Central Public Works Department (CPWD) for Development of Minto Road Area
About Era Infra Engineering Limited
Era Infra Engineering Limited (EIEL), a flagship company of Era Group. EIEL is a fully integrated infrastructure company participating in India's core infrastructure and construction sectors. The company develops and constructs highways, railways, airports, power and industrial projects, institutions & universities and residential & commercial complexes. For the year ended March 31, 2009, Era Infra recorded net profit of Rs 202.61 crore and EBIDTA of Rs 475.83 crore. More details about the company are available on www.eragroup.co.in.
