RPP Infra Projects Limited has received a significant new work order from the Sports Development Authority of Tamil Nadu for the “Establishment of Global Sports City” in Chennai. The contract is valued at Rs. 205.89 Crores (inclusive of 18% GST) and is expected to be completed within a stipulated period of 18 months.

The company officially disclosed the receipt of this order on February 20, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This major infrastructure project involves the development of sports facilities and associated civil works in the Semmancheri area of Chennai. A performance security deposit is required for the fulfillment of the contract, and the project carries a defect liability period of 36 months from the date of completion.

RPP Infra Projects Limited, incorporated in 1995, is an integrated EPC company engaged in infrastructure verticals including roads, buildings, water management, and power projects across South India and other regions. In 2025, the company maintained a robust growth trajectory, securing several high-value contracts, including a massive Rs. 1,126.50 Crore project from BHEL for a manufacturing facility in Varanasi and multiple water infrastructure projects in Tamil Nadu. Despite facing recent profitability headwinds, the company’s order book remains strong at over Rs. 3,963 Crores as of December 2025, providing significant revenue visibility for the upcoming fiscal years.

For the last announced quarterly results (Q3 FY26, ended December 31, 2025), the company reported a consolidated revenue of Rs. 383.10 Crores, marking a year-on-year growth of 6.19% and a sequential quarter-on-quarter increase of 19.16%. However, net profit for the same period saw a sharp decline to Rs. 0.67 Crores, down by 96.45% compared to the corresponding quarter of the previous year, primarily due to higher early-stage project costs and increased subcontractor expenses. Notable investors in the company include the high-net-worth individual Satpal Khattar, who held a 1.61% stake as of late 2025, and Anand Rathi Global Finance Limited with a 3.03% stake.