Ahluwalia Contracts bags Rs 55-cr order

7 Dec 2022 , 12:30 PM

The order entails construction of shell & core, facade and MEPF work for Phase-2A (Hostel-2) Plaksha University at IT City Road, SAS Nagar, Punjab. The order is worth about Rs 55.39 crore. The companys order inflow during the FY 2022-23 stands at Rs 4017.63 crore, till date. Ahluwalia Contracts India is primarily engaged in the business of civil construction activities. On consolidated basis, the companys net profit rose 9.3% to Rs 39.10 crore in Q2 FY23 as compared to Rs 35.78 crore in Q2 FY22. Net sales declined 10.8% YoY to Rs 622.84 crore in Q2 FY23. The scrip was down 1.09% at Rs 448.55 on the BSE. Powered by Capital Market – Live News