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RInfra eyes Rs 10,000 crore revenue by next fiscal

30 May 2016 Evaluate

Reliance Infrastructure (RInfra) has set a revenue target of Rs 10,000 crore by next fiscal. In this regard the company will focus on the EPC business once again. The company, which is in the process of selling all its 11 road projects that became operational in 2015-16, is planning to bid for EPC (engineering, procurement and construction) projects in sectors like power, railways and transport.

The company’s total EPC order book stood at Rs 3,075 crore in 2015-16, while its revenues stood at Rs 2,774 crore. At a consolidated level, the company had a debt pile of Rs 25,500 crore at end March, and a standalone debt of around Rs 15,000 crore.

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