Ramky Group Managing Director Goutham Reddy says two large road projects in Jammu and Kashmir and Andhra Pradesh boosted Ramky Infra's revenues.
The company would not look at equity dilution to fund new projects but in fact is looking at selling PPP assets worth Rs 1700 crore from the road sector said Goutham Reddy, Managing Director, Ramky Group.
Ramky Infrastructure's consolidated revenue is about Rs 3770 crore with an EBITDA of Rs 585 crore and a profit after tax PAT of Rs 151 crore, lower than the previous year's numbers.
In an interview with CNBC-TV18, Goutham Reddy, executive director of Ramky Group, spoke about company's performance and the road ahead.
In an interview with CNBC-TV18, Goutham Reddy, executive director of Ramky Group, spoke about company's fourth quarter performance and the road ahead.
Goutham Reddy, ED, Ramky Group, in an interview on CNBC-TV18 says that infrastructure companies, if well managed, will be able to stomach interest rate increases.