During the financial year ended 31 March 2008 Era Infra posted net sales of Rs 1464.4 crore as compared to Rs 755 crore a year ago. The company's net profit jumped by 53 per cent for FY 07-08 at Rs 121 crore as against Rs 79.2 crore during the previous year.
H S Bharana, chairman and managing director, Era Infra Engineering, said, "The increase in our revenues reflects our strong focus, expertise and experience in core infrastructure projects. Activity in the RMC space is accelerating and we are seeing some strong traction in this space. We expect to invest Rs 400 crore in the RMC business over a period of three years".
He further said, "The group is further gearing up to consolidate its position in airport projects. The company intends to enter into gas pipeline & marine piling sector and is in the process of acquiring technological expertise via JV or acquisition route."