RKEC Projects Q1 Results, PAT at ₹531.46 Lakh and Revenue at ₹8,467.35 Lakh for Quarter

RKEC Projects Q1 Results: RKEC Projects announced its Q1 results on 13 August 2024, showcasing a solid financial performance for the quarter. The company reported a revenue from operations of ₹8,467.35 lakh, representing a year-over-year (YoY) growth of 120% compared to ₹3,851.98 lakh in the same quarter last year.

Quarter-on-quarter (QoQ), the revenue saw a slight decline of 44.04% from ₹15,133.25 lakh in the previous quarter. Despite the drop in revenue compared to the previous quarter, RKEC Projects maintained a steady profit.

The profit before tax stood at ₹730.86 lakh for Q1 2024-2025, reflecting an 82.54% increase YoY from ₹400.40 lakh in Q1 2023-2024. However, QoQ, there was a decline of 16% from ₹870.42 lakh in the previous quarter. The company’s earnings per share (EPS) for the quarter were ₹2.22, showing resilience amidst fluctuating revenues.

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RKEC Projects Q1 Results 2024 - 2025

RKEC Projects announced its Q1 results for the fiscal year 2024-2025 on 13 August 2024. The company displayed strong year-over-year growth, though there was a decline compared to the previous quarter. Below is a summary of the key financial figures:

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RKEC Projects Current Market Overview

RKEC Projects is currently trading at ₹116 per share, reflecting a slight decrease of 1.94%. The company has a market capitalization of ₹279 crore, with a stock price that has ranged between ₹148 and ₹60.5 over the past year.

It has a price-to-earnings (P/E) ratio of 12.5 and a book value of ₹70.2 per share. The company has a return on capital employed (ROCE) of 14.7% and a return on equity (ROE) of 12.5%, though it currently offers no dividend yield.

Quarterly Results

Here's a summary of RKEC Projects's quarterly results for the periods ending December 2023, March 2024, and June 2024. The table below highlights key financial metrics, including sales, expenses, operating profit, and more.

About RKEC Projects 

RKEC Projects is a construction company established in 2005, specializing in civil and defense infrastructure projects. The company undertakes various types of construction work, including buildings, highways, marine works, and bridges.

RKEC is recognized as a Super Special Class contractor by the Ministry of Defence for designing and executing complex marine and onshore infrastructure projects.

Additionally, it holds special class certifications from the Government of Andhra Pradesh for roads and bridges, and from the Public Works Department of Odisha, making it a trusted name in the construction industry across multiple states in India.

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