- 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.