Follow my blog with Bloglovin
Wednesday , 26 June 2019
Breaking News

Atlanta Ltd. H1FY15 Financial Result Highlights

  • H1Revenues up 115% to 192.33crore
  • H1PAT up 154.36% to Rs. 27.98 crore

Mumbai, November 10th, 2014: Atlanta Limited (BSE: 532759; NSE: ATLANTA), a Mumbai based leading Infrastructure Development Companyhas announced its results for the Half year ended 30th September, 2014.

Atlanta Ltd. has reported a jump of 154.36%in its net profit to Rs.27.98Crore for Half year ended 30th September 2014, compared to Rs.11crore for the Half Year last fiscal. During the same period its revenue increased by 115% to Rs.192.33crore from Rs.89.46crore.

The company’s EBIDTA increased by 30% to Rs.43.99crorefor H1FY15 from Rs. 33.83crore in the same period last year.

The company’s PAT margins improved to 14.55% in H1FY15 as compared to 12.30% in H1FY14.

The basic EPS for H1FY15 stands at Rs.3.39compared to Rs.1.31in H1FY14.

Mr.RajhooBbarot, Chairman and Managing Director, Atlanta Ltd, “We at Atlanta have been successful to continue the momentum with a strong performance which is reflected through our performance in H1 FY14- 15. Punjab & Assam projects will get operational during the second half of FY 2015 while, adding to increased revenues and margins.”

Atlanta has 1603 Km of single lane width under operation/ development out of which 1135 Km single lane width road will be operational during the current fiscal.

Atlanta had successfully commissioned India’s first Greenfield BOT project on National Highways – Udaipur Bypass on PPPbasis within the record time of 18 months as against stipulated time of 36 months. Atlanta presently has five projects onPPP basis.

Comments are closed.

Scroll To Top