Incorporated in May 17, 2000, ARSS Infrastructure Projects is engaged in construction of railway infrastructure, roads, highways, bridges and irrigation projects. It started its operations mainly in the state of Orissa and subsequently expanded the business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. In recent years it has pursued opportunities in other parts of India including states of Chhattisgarh, Rajasthan, Jharkhand, Haryana, Kerala, Andhra Pradesh, Assam, Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh and Madhya Pradesh.
Over the years, the company has diversified the field of activities into other construction segments such as development and construction of roads, highways, bridges, irrigation projects, EPC activities for railways. It has entered into joint ventures with national and international players such as PT Adhikarya (Persero), Harish Chandra (India), Triveni Engicons Private Limited, RITES, Kalindee Rail Nirman (Engineers), Patel Engineering, Rohit Kumar Das Construction, Backbone Enterprises and Atlanta.
Financials
The company disclosed fall of 12.06% in standalone net profit on y-o-y basis to Rs 352.80 million, while total income declined 2.65% y-o-y basis to Rs 3.92 billion for the quarter ended March 2011.
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