Ramky Infrastructure Reports 28% Growth in Q2 FY27 Consolidated Revenue; PAT Increases 36%
* H1 FY27 consolidated revenue rises 26% to Rs 1,076 crore; standalone revenue grows 24% to Rs 990 Cr
Ramky Infrastructure Limited (RIL), an investor-operator company with capabilities across industrial infrastructure, water and wastewater and urban infrastructure, announced on November 06 2026 its unaudited financial results for the second quarter and half year ended on September 30, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on November 06, 2026.
Consolidated revenue from operations for Q2 FY27 stood at Rs 604.54 crore, marking the highest quarterly revenue in the last 20 quarters and representing a growth of 28.2% over rs 471.64 crore reported in Q2 FY26. Consolidated PAT increased by 35.9% year-on-year to rs 102.81 crore from rs 75.63 crore, while PBT stood at rs 124.02 crore, compared with Rs 107.55 crore in the corresponding quarter of the previous year.
On a standalone basis, revenue from operations grew 21.2% year-on-year to rs 538.94 crore in Q2 FY27, compared with Rs 444.79 crore in Q2 FY26. Standalone PAT increased to rs 75.98 crore from rs 66.99 crore, while PBT stood at Rs 99.58 crore compared with rs 94.98 crore in the corresponding quarter.
The Company's consolidated revenue from operations for H1 FY27 increased 26.4% to Rs 1,075.77 crore from Rs 850.88 crore in H1 FY26. Consolidated PAT was Rs 141.61 crore compared with rs 152.66 crore in the previous year. Standalone revenue from operations has also recorded healthy growth, with revenue from operations increasing by 24.0% to rs 990.43 crore and PAT growing by 21.2% to Rs 147.44 crore, compared with rs 798.87 crore and rs 121.60 crore, respectively, in H1 FY26.
Q2 FY27 Financial Performance
(Rs crore)

H1 FY27 Financial Performance

Business Performance
For Q2 FY27, consolidated revenue was Rs 267 crore from the Investor-operator segment and Rs 337 crore from the EPC segment.

Management Commentary
Commenting on the results, Mr. Sunil S Nair, Chief Executive Officer of Ramky Infrastructure Limited said, “, Q2 FY27 reflects our continued focus on strengthening our position in investor – operator model in industrial parks, water and wastewater, urban infrastructure & sustainable income. Our strong performance is reflected in excellent execution discipline, with margins continuing to remain in line with our growth plan with consolidated revenue growing 28% year-on-year.
Looking ahead, the Government's continued focus on infrastructure development and increasing private sector participation presents a significant opportunity across our core businesses in industrial parks & water and wastewater segments. Backed by strong execution capabilities, a healthy balance sheet, and strategic clarity, we are equipped to capitalize on these opportunities.
Our selective approach is to bid for projects of an investor–operator model with sustainable cash flows, niche jobs that fall in our focus area and enable us to deliver value. Supported by a well-diversified order book of over rs 12,000 crore, we remain confident of delivering on our medium-term growth and long-term growth profitable aspirations to contribute sustainable growth to the nation.”
Mr. Rayapudi Sravanth, Chief Financial Officer of Ramky Infrastructure Limited said, “The quarter witnessed a healthy growth in consolidated revenue and profit after tax compared with the corresponding period of the previous year. During this half year, Revenue growth across both standalone and consolidated operations demonstrates the scale of execution, while the year-on-year movement in consolidated half-year profitability underlines the importance of maintaining a close focus on project economics, costs and working capital. We remain committed to financial discipline, prudent capital allocation and sustainable execution as we pursue our business priorities.”
Business Outlook
Ramky Infrastructure will continue to focus on execution across the investor–operator business model for its infrastructure portfolio, operational efficiency and disciplined financial management. The Company will evaluate opportunities in its established areas of core expertise in industrial, water & wastewater and pursue overseas business opportunities in line with its capabilities and strategic priorities.
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