Era Infra wins Rs 315-cr order from Airport Authority

The shares of Era Infra have been locked in upper circuit, up by about 5 percent, for three consecutive days on the back of reports that the company has bagged orders worth Rs 315 crore from Airport Authority of India.

In an interview to CNBC-TV18, Tulsi Dass Arora, CEO, Era Infra, said the previous quarter results were not very encouraging. However the order book now looks good at over Rs 7,000 crore and the company has been executing various projects.

Below is the transcript of Tulsi Dass Arora's interview with Reema Tendulkar and Ekta Batra on CNBC-TV18.Reema: Can you take us through the order book and if there has been any improvement in the order book in the last one year?A: I think you have seen the last results, it was not encouraging. It happened across the industry due to whatever scenario was there in the country. But as of now, the order book, which is over Rs 7,000 crore, is available with us and we are executing different category of projects in various segments.Ekta: Can you tell us what has been the growth if at all in the last one year in the order book?A: There was not much of growth in the the last one year, I am talking about 2013-2014, we have got three-four projects from NTPC and almost around from outside market, we could get Rs 1,500 crore of projects last year.