![]() Arshiya Intl plans capex of Rs 1600 crorePublished on Wed, Jul 30, 2008 at 17:34 | Source : Moneycontrol.com Updated at Wed, Jul 30, 2008 at 19:11
Arshiya International has announced its first quarter numbers. Its standalone income stood at Rs 76 crore versus Rs 39.94 crore. Net profit increased at Rs 6.26 crore versus Rs 1.4 crore. Key takeaways from Arshiya International concall Planned capex of Rs 1600 crore - Over Rs 1000 crore for cost of wagons (buying 224 containers), some for infrastructure for storage capacity Rs 25 crore already given to Titagarh Wagons as advance payment, Rs 40 crore spent for land acquisition Planning raising of money private equity and debt Debt of Rs 450 crore and likely to maintain 2.5:1 Standalone income of Rs 76 crore vs Rs 39.94 crore Consolidated income of Rs 144.52 crore vs Rs 78.86 crore Growth of 90% in term of revenues on standalone basis and 83.23% on consolidated basis. For further details, listen to concall ......
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