Highlights: Robust broad based growth momentum as revenue grew by 62% YoY in Q2 FY22 and 90% YoY in H1 FY22 Reduction in Gross Debt by Rs 233 mn in H1 FY22 Revenue from Operations for Q2 FY22 grew by 62% to Rs 7,720 mn as compared to Rs 4,774 mn in Q2 FY21. EBIDTA for Q2 FY22 stood at Rs 1,100 mn as compared to Rs 632 mn in Q2 FY21. EBIDTA margin for Q2 FY22 stood at 14.3% as compared to 13.2% in Q2 FY21. PBT for Q2 FY22 grew by 448% to Rs 543 mn as compared to Rs 99 mn in Q2 FY21. PBT margin for Q2 FY22 stood at 7.0% as compared to 2.1% in Q2 FY21. PAT for Q2 FY22 grew by 478% to Rs 411 mn as compared to Rs 71 mn in Q2 FY21. PAT margin for Q2 FY22 stood at 5.3% as compared to 1.5% in Q2 FY21. Revenue from Operations for H1 FY22 grew by 90% to Rs 14,470 mn as compared to Rs 7,626 mn in H1 FY21. EBIDTA for H1 FY22 stood at Rs 2,068 mn as compared to Rs 915 mn in H1 FY21. EBIDTA margin for H1 FY22 stood at 14.3% as compared to 12.0% in H1 FY21. PBT for H1 FY22 grew by 652% to Rs 970 mn as compared to Rs (176) mn in H1 FY21. PBT margin for H1 FY22 stood at 6.7% as compared to (2.3)% in H1 FY21. PAT for H1 FY22 grew by 634% to Rs 732 mn as compared to Rs (137) mn in H1 FY21. PAT margin for H1 FY22 stood at 5.1% as compared to (1.8)% in H1 FY21. On the performance Mr. Kamal Gupta, Managing Director commented, “I am pleased that we have delivered a resilient performance amidst challenging market conditions with unprecedented increase in commodity prices and logistics cost. Our ability to deliver revenue growth of 90% YoY and receive new orders of over Rs 1,540 Crores in first half of FY22, demonstrates the inherent strengths of our business and testament to our execution capabilities. Our robust execution capabilities coupled with strong repository of asset base enabling efficient execution reflected in strong revenue growth. Our well diversified & strong order book of Rs 1,12,092 mn ensures sustainable growth momentum. The strong impetus from the Government on pushing infrastructure development projects in the recent budget announcement to kick start the economy alongside pandemic induced incentives and favourable policies such as lowering of bank guarantee requirement, faster clearance of bills and speedier clearances/approvals are very positive for the sector and overall economy. Companies with credible balance sheet and execution track record would be benefitting most from the same. With our expertise and track record, we are hopeful of being awarded more such Urban Infra Projects across the country. With a comfortable debt equity ratio, we have sufficient headroom to capitalise on opportunities of huge Infrastructure development in country. We expect the tendering activities to intensify further in coming quarters. With the sustained order inflow and our expertise in executing and delivering projects on time we are optimistic that we shall witness a healthy and sustainable growth. The Company has sufficient cash as well as unutilised working capital facilities to undertake large projects and also to ramp up execution of existing projects.” Result PDF