Ramsons Projects Reports Surge in Q1 Profit, Driven by Other Income
Ramsons Projects reported a significant increase in profit for Q1, with Profit After Tax rising to Rs 306.58 crore from Rs 12.44 crore year-over-year. Total income reached Rs 380.48 crore, largely due to other income of Rs 365.24 crore. Revenue from operations was Rs 15.24 crore. EPS increased to Rs 10.20 from Rs 0.41. Total assets grew to Rs 1,682.82 crore, while investments surged to Rs 549.86 crore from Rs 49.29 crore. The company operates primarily in financing activities and chose to publish standalone financial results.