Home Real Estate REPL reports 41% Revenue Growth in Q2 (Y-O-Y), FY ‘22

    REPL reports 41% Revenue Growth in Q2 (Y-O-Y), FY ‘22

    Rudrabhishek Enterprises Limited (REPL) has reported robust growth in consolidated revenue by 41% in second quarter (Q2, FY ’22), as compared to the revenue for the corresponding quarter in previous financial year.

    51
    0

    New Delhi: Delhi-based leading infrastructure consultancy company Rudrabhishek Enterprises Limited (REPL) has reported robust growth in consolidated revenue by 41% in second quarter (Q2, FY ’22), as compared to the revenue for the corresponding quarter in previous financial year. While the total revenue stood at Rs. 20.6 Cr in quarter ending September (Q2, FY ’22), the net profit was marked at Rs. 4.2 Cr. The EBITDA has also improved substantially to Rs. 5.7 Cr from Rs 2.1 Cr, for the corresponding quarter. EBITDA margin has increased from 14.3% to 27.6% for the same period. Operating profit margin has emerged stronger due to better leverage of technology and execution efficiency. As compared to the Q1 of current financial year also, the company has shown revenue growth of approx. 31%.


    On the second quarter performance of company, Mr. Pradeep Misra (CMD, REPL) said, “Company’s performance during the second quarter reflects a strong recovery from pandemic. We have been able to register growth mainly due to a very strong order book of more than Rs. 375 Crores and our capability of faster execution of projects. This assures us of a steady revenue stream in coming quarters. We have demonstrated better performance by taking various cost optimization measures and technology driven approach.”


    Sharing the roadmap for future, Mr. Misra said that the company’s strength has been leveraging existing expertise for opportunities in new sectors and geographies. As a result of the same, the company has been adding to its orders by acquisition of new consultancy assignments such as ‘Development of Tourism projects in Jammu’; Third party monitoring agency for construction of road, bridge & building work in Ladakh; ‘Street vending plans in Jharkhand’; DPR (Detailed Project Report) & TPI (Third Party Inspection) for water supply scheme in Chhattisgarh; ‘Supervision & quality control consultancy for Multi-Village water supply schemes in M.P.’ etc. REPL has been working with the vision of sustainable infrastructure growth in India, which becomes even more relevant in current conditions.


    REPL has already been working on several Smart City Projects that include – Varanasi, Indore, Kanpur, Moradabad, Dehradun, Itanagar, Jabalpur, and Vellore. Additionally, it is working on multiple PMAY projects; BIM consultancy for Chennai Metro Rail Phase II; GIS based Master Plan for Greater Noida; OBPAS (Online Building Plan Approval Systems) in U.P.; and similar other projects in Infrastructure and Urban Development.

    VIATeam The Via
    Previous articleBlog Post Title
    Next articleWonderchef raises INR 150 crs from Sixth Sense Ventures, Godrej & Malpani Family

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here