Expect 25-30% revenue growth in FY17: RPP Infra

RPP Infra Projects, which has interests in infrastructure development such as roads, buildings, industrial structures, power and irrigation, posted Rs 6.81 crore profit in the March quarter and is hopeful of continuing the momentum in the year ahead. In an interview to CNBC-TV18, A Nithya, Whole-time Director of RPP Infra Projects said the company expects to clock EBIDTA margins of 15-16 percent in FY17. The company is also expecting a revenue growth of 25-30 percent in FY17, she said.During the quarter, the company's EBIDTA grew to Rs 11.8 crore from Rs 8.96 crore in the March quarter of FY15 and margins rose 18.3 percent from 10.8 percent in the year-ago period. Watch video for more...