{"id":32602,"date":"2024-11-05T18:10:22","date_gmt":"2024-11-05T12:40:22","guid":{"rendered":"https:\/\/sattaexpress.co.in\/index.php\/2024\/11\/05\/avp-infracon-reports-strong-75-growth-in-h1-fy25-net-profit\/"},"modified":"2024-11-05T18:10:22","modified_gmt":"2024-11-05T12:40:22","slug":"avp-infracon-reports-strong-75-growth-in-h1-fy25-net-profit","status":"publish","type":"post","link":"https:\/\/sattaexpress.co.in\/index.php\/2024\/11\/05\/avp-infracon-reports-strong-75-growth-in-h1-fy25-net-profit\/","title":{"rendered":"AVP Infracon Reports Strong 75% Growth In H1 FY25 Net Profit"},"content":{"rendered":"<div>\n<div>\n<p><span data-sheets-root=\"1\"><strong>Mumbai (Maharashtra) [India] November 5:<\/strong> <\/span>AVP Infracon Limited (NSE:AVPINFRA), is a versatile infrastructure development firm renowned for its adept execution in constructing Civic Amenities, Commercial, and Residential Projects across multiple domains managing projects from conceptualization to completion, has reported its Unaudited financials for H1 FY25.<\/p>\n<p><strong>Key Financial Highlights<\/strong><\/p>\n<p>Consolidated Key Financial Highlights H1 FY25<\/p>\n<ul>\n<li>Revenue From Operations of \u20b9 109.22 Cr, YoY growth of 63.05%<\/li>\n<li>EBITDA of \u20b9 23.95 Cr, YoY growth of 63.19%<\/li>\n<li>EBITDA Margin of 21.92%, YoY growth of 2 Bps<\/li>\n<li>Reported Net Profit of \u20b9 12.76 Cr, YoY growth of 75.37%<\/li>\n<li>Net Profit Margin of 11.69%, YoY growth of 83 Bps<\/li>\n<li>EPS of \u20b9 5.11, YoY growth of 26.39%<\/li>\n<\/ul>\n<p><strong>Standalone Key Financial Highlights H1 FY25<\/strong><\/p>\n<ul>\n<li>Revenue From Operations of \u20b9 95.89 Cr, YoY growth of 51.84%<\/li>\n<li>EBITDA of \u20b9 23.15 Cr, YoY growth of 71.36%<\/li>\n<li>EBITDA Margin of 24.14%, YoY growth of 275 Bps<\/li>\n<li>Net Profit of \u20b9 12.75 Cr, YoY growth of 75.38%<\/li>\n<li>Net Profit Margin of 13.30%, YoY growth of 179 Bps<\/li>\n<li>EPS of \u20b9 5.11, YoY growth of 26.49%<\/li>\n<\/ul>\n<p>Commenting on the performance\u00a0Mr. Prasanna Dhandayuthapani, MD, AVP Infracon Limited\u00a0said\u201cWe are pleased to report strong growth in the first half of FY25, driven by several major project wins and solid operational performance. The new contracts secured from the National Highway Authority of India and CDR &amp; Co. Constructions have significantly contributed to our momentum. These projects align with our core strengths in road infrastructure and further diversify our project portfolio.<\/p>\n<p>We are now well-positioned to bid for more projects in the coming years, enhancing our growth prospects. This is further strengthened by our 90% ownership in AVP RMC, whose newly inaugurated plant in Tirupur District will meet rising regional demand and improve operational efficiency.<\/p>\n<p>Our strategic focus on timely project execution, particularly in Tamil Nadu, has been a key driver of success. By maintaining our own equipment fleet and RMC plants, along with implementing cost optimizations, we have not only ensured quality delivery but also improved our margins. We are confident that these initiatives will continue to drive sustainable growth and position us for long-term success.\u201d<\/p>\n<p>\u00a0<\/p>\n<p><strong>Key Highlights\u00a0For\u00a0H1\u00a0FY25<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td>Secured Contracts\u00a0FromNational Highway Authority\u00a0Of\u00a0India<\/td>\n<td><strong>Contract 1<\/strong><\/p>\n<ul>\n<li>Scope of Work: Strengthening\/Overlay of the Thirumayam- Manamadurai section<\/li>\n<li>Contract Value: \u20b9 33.93 Cr<\/li>\n<li>Completion Timeline: The project is slated to be completed within a year.<\/li>\n<\/ul>\n<p><strong>Contract 2<\/strong><\/p>\n<ul>\n<li>Scope of Work: Operation &amp; Maintenance and Incident Management Services along the Pondicherry- Tindivanam section of NH-32, extending into Tamil Nadu and Puducherry<\/li>\n<li>Contract Value: \u20b9 7.32 Cr<\/li>\n<li>Completion Timeline: The project is slated to be completed within a year.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>Credit\u00a0Ratings Update<\/td>\n<td>\u2022\u00a0Long-term credit rating upgraded\u00a0<a name=\"_Hlk181113654\"><\/a>from CRISIL BB\/Stable to\u00a0CRISIL BBB-\/Stable.<\/p>\n<p>\u2022\u00a0<a name=\"_Hlk181113670\"><\/a>Short-term credit rating\u00a0upgraded from\u00a0<a name=\"_Hlk181113679\"><\/a>CRISIL A4+ to\u00a0CRISIL A3.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>Inaugurated<\/p>\n<p>AVP RMC\u2019s 3rd\u00a0RMC Plant<\/p>\n<\/td>\n<td>\u2022\u00a0AVP RMC, a partnership firm with AVP Infracon Limited holding a 90% stake.<\/p>\n<p>\u2022\u00a0The new plant is strategically positioned to cater to concrete demand in Dharapuram, Palani, Oddanchatram, Udumalaipet, and Kangeyam.<\/p>\n<p>\u2022\u00a0Location:\u00a0Merku Thottam, Tripur District, Tamil Nadu.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/p>\n<p>Received Contracts\u00a0FromM\/S.CDR &amp; Co Constructions<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/td>\n<td><strong>Contract 1<\/strong><\/p>\n<ul>\n<li><strong>Scope of Work:<\/strong> Construction of a bypass to Bagalur town, in the state of Tamil Nadu.<\/li>\n<li><strong>Contract Value:<\/strong> \u20b9 23.60 Cr<\/li>\n<li><strong>Execution Timeline<\/strong>: The project is slated for completion within one year.<\/li>\n<\/ul>\n<p><strong>Contract 2<\/strong><\/p>\n<ul>\n<li><strong>Scope of Work: <\/strong>Widening and strengthening of Kallakurichi-Tiruvannamalai Road (SH-6) this includes the installation of a center median, construction of minor bridges, and completion of drainage works in Tamil Nadu.<\/li>\n<li><strong>Contract Value:<\/strong>\u00a0\u20b9\u00a047.20 Cr<\/li>\n<li>E<strong>xecution Timeline:<\/strong>\u00a0Completion is expected within one year.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>The Board\u00a0Of\u00a0Directors\u00a0Approved An Investment In The Partnership Firm\u00a0M\/S.\u00a0Kanthan Blue Metals.<\/td>\n<td>\u2022\u00a0<strong>Capital Contribution:<\/strong>\u00a0Up to\u00a0\u20b9\u00a03.60\u00a0Cr.<\/p>\n<p>\u2022<strong> Ownership Stake:<\/strong> Secures a 90% ownership stake in the firm.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India] November 5: AVP Infracon Limited (NSE:AVPINFRA), is a versatile infrastructure development firm renowned for its adept execution&hellip;<\/p>\n","protected":false},"author":3,"featured_media":32603,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[11],"class_list":["post-32602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/32602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=32602"}],"version-history":[{"count":0,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/32602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media\/32603"}],"wp:attachment":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=32602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=32602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=32602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}