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RKEC Projects Ltd Q1FY24; 284% rise in Profits

RKEC projects ltd is engaged in the business of Civil Works and specialized Marine Works, Construction of Roads, Buildings, Bridges & Flyovers, Survey works under Unmanned Aerial Systems, etc.

Financial Results:

RKEC Projects Ltd reported Revenues for Q1FY24 of ₹38.47 Crores up from ₹31.20 Crore year on year, a rise of 23.3%.

Total Expenses for Q1FY24 of ₹34.61 Crores up from ₹30.02 Crores year on year, a rise of 15.29%.

Consolidated Net Profit of ₹2.80 Crores up 283.56% from ₹0.73 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.17, up 290.00% from ₹0.30 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: construction
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