RPP Infra targets revenue of Rs 1,000 crore by 2020, says A Nithya, whole time director of RPP Infra Projects. The current order book stands at Rs 800 crore which needs to be completed in next two years.
Speaking to CNBC-TV18, A Nithya said that the company derives 95 percent of its revenue from government project of which 40 percent comes from central government and 50 percent from state governments.
The company reported flat earnings for Q3 FY17 with revenue increasing 7.9 percent at Rs 78.2 crore versus Rs 72.5crore in corresponding quarter last fiscal. Profit was up at Rs 4 crore from Rs 2.6 crore in year ago period.
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