Ramky Infrastructure has been awarded project worth Rs. 494.04 crore by Rajiv Gandhi Rural Housing Corporation in Bengaluru BMRDA area under 1 Lakh Multi-Storey Bengaluru Housing Programme' on Turn Key basis (Planning, Design, Build, operate and transfer).

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Net profit of Ramky Infrastructure declined 22.69% to Rs 45.25 crore in the quarter ended March 2019 as against Rs 58.53 crore during the previous quarter ended March 2018. Sales rose 67.90% to Rs 745.09 crore in the quarter ended March 2019 as against Rs 443.78 crore during the previous quarter ended March 2018.

For the full year,net profit declined 36.47% to Rs 41.26 crore in the year ended March 2019 as against Rs 64.95 crore during the previous year ended March 2018. Sales rose 9.67% to Rs 1476.65 crore in the year ended March 2019 as against Rs 1346.44 crore during the previous year ended March 2018.

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The Board of Ramky Infrastructure at its meeting held on 27 May 2019 has approved the resignation of I.W. Vijaya Kumar as Chief Financial Officer of the Company with effect from31 May, 2019. The Board has appointed Sanjay Sultania as CFO of the company with effect from 31 May 2019.

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Ramky Infrastructure will hold a meeting of the Board of Directors of the Company on 27 May 2019.

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