Era Infra Engg posts 48% increase in revenue for Q1FY09

Era Infra Engg posts 48% increase in revenue for Q1FY09
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First Published: Tue, Jul 29 2008. 02 58 PM IST
Updated: Tue, Jul 29 2008. 02 58 PM IST
New Delhi: Era Infra Engineering Ltd, an integrated infrastructure development company announced its financial results for Q1 2009 with a revenue of Rs403.20 crore as compared to Rs271.73 in Q1FY08, registering an increase of 48%.
Ebitda for the quarter stood at Rs89.39 crore, registering a growth of 30% compared to Rs68.84 crore in Q1FY08. For Q1FY09, the Ebitda margin stood at 22%.
H S Bharana, chairman & managing director, said, “Our robust economic growth coupled with investments in various strategic areas helped us grow faster in this competitive environment. We will continue to invest in expanding our partnerships and new projects to areas where our investors will benefit the most.”
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First Published: Tue, Jul 29 2008. 02 58 PM IST