ARSS Infrastructure Projects announced that its JV named ARSS - TECHNOCOM - PRIYASHI AASHI has received two work orders aggregating total of Rs. 77.79 crore from Northeast Frontier Railway Construction Organisation as detailed below -

(1) For 'At NAM/BOJ - Manufacturing, supplying and stacking (from private quarry) of 50mm machine crushed stone ballast in Depot and loading the same into hopper/wagon in TSK Division ' for Rs. 51.73 crore.

(2) For 'At Tangla : Manufacturing, supplying and stacking of 50/60mm size machine crushed stone ballast in Depot and loading the same into hopper in Rangiya Division' for Rs. 26.06 crore.

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Net Loss of ARSS Infrastructure Projects reported to Rs 10.70 crore in the quarter ended June 2018 as against net loss of Rs 15.12 crore during the previous quarter ended June 2017. Sales declined 56.66% to Rs 135.40 crore in the quarter ended June 2018 as against Rs 312.39 crore during the previous quarter ended June 2017.

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ARSS Infrastructure Projects will hold a meeting of the Board of Directors of the Company on 10 August 2018.

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Net Loss of ARSS Infrastructure Projects reported to Rs 18.81 crore in the quarter ended March 2018 as against net loss of Rs 11.14 crore during the previous quarter ended March 2017. Sales declined 60.82% to Rs 130.82 crore in the quarter ended March 2018 as against Rs 333.88 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 54.77 crore in the year ended March 2018 as against net loss of Rs 331.61 crore during the previous year ended March 2017. Sales declined 30.16% to Rs 584.34 crore in the year ended March 2018 as against Rs 836.65 crore during the previous year ended March 2017.

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