Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessCompaniesExpect 12-15% margins from new irrigation proj: RPP Infra

    Expect 12-15% margins from new irrigation proj: RPP Infra

    A Nithya, Whole Time Director, RPP Infra Projects said the total order book post new Karnataka order would be around Rs 600 crore.

    February 05, 2016 / 12:05 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      RPP Infra Projects Ltd bags order from Karnataka Neeravari Nigam Ltd (A Government of Karnataka Enterprise) worth Rs. 112 crore.A Nithya, Whole Time Director, RPP Infra Projects said the total order book post this would be around Rs 600 crore. The new order is for irrigation project and is one of the biggest order in that segment for the company. According to her margins of 12-15 percent are expected from the new project because margins from irrigation projects are higher. The project has to be completed in stipulated time and so the speed of execution is high, she said.The company hopes to receive more orders to the tune of Rs 25-30 crore from Neyveli Lignite (NLC) in February.For the entire interview, watch video

      first published: Feb 5, 2016 12:05 pm

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347