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.
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.
In an interview to CNBC-TV18 A Nithya, Whole Time Director at RPP Infra Projects Limited said the duration of the two projects was of 18 months and the margin in both the projects was around 14-15.
The new order will be completed in 24 months and margins from that are expected to be around 10-12 percent, said A Nithya, Whole Time Director, RPP Infra.
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.
In an interview with CNBC-TV18, A Nithya, Whole Time Director of RPP said that the company‘s orderbook is around Rs 700 crore with the addition of this order.
A Nithya, Whole Time Director, RPP Infra Projects said the total order book post new Karnataka order would be around Rs 600 crore.
The company‘s order book currently stands at around Rs 875 crore.
In an interview to CNBC-TV18, A Nithya of RPP Infra shared a positive outlook for the company, as it expects a substantial improvement in its order booking and its margin profile going ahead.
RPP Infra Projects Ltd has won new orders worth Rs 23 crore from MRPL. As the company is already executing two projects in Mangalore, A Nithya, whole time director, RPP Infra says this project will be very useful in expanding their base in Mangalore.
A Nithya, Director of RPP Infra Projects, in an interview with CNBC-TV18’s Reema Tendulkar and Sonia Shenoy, spoke about their newly bagged order and the company’s outlook going forward.