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02 Apr 2026 00:04 Sensex 73,319.55 185.23 (0.25%) || Nifty 22,713.10 33.70 (0.15%) 00
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20 Feb 2026 15:22
RPP Infra spurts on baggng Rs 206-cr contract from Sports Development Authority of Tamil Nadu
RPP Infra Projects surged 6.30% to Rs 83 after it has secured a domestic contract worth Rs 205.89 crore from the Sports Development Authority of Tamil Nadu for the establishment of the Global Sports City in Chennai.

The project involves the appointment of the contractor for the design, engineering, procurement and construction (EPC) of the proposed Global Sports City. The contract is to be executed within 18 months from the date of handing over of the site and is subject to standard terms and a performance security clause.

The company clarified that neither the promoters nor the promoter group have any interest in the awarding entity. It also stated that the contract does not fall under related party transactions.

RPP Infra Projects, incorporated in 1995, is engaged in construction across multiple infrastructure verticals like roads, buildings, industrial structures, power, irrigation and waste management.

The company’s consolidated net profit slipped 96.4% to Rs 0.67 crore in Q3 FY26 as against Rs 18.87 crore in Q3 FY25. Revenue from operations 6.9% year on year to Rs 379.73 crore in Q3 FY26.

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