Dilip Buildcon gains on receiving LoA from GMRC

17 Oct 2022 , 12:57 PM

The scope of the project entails construction of 8.702 kms elevated viaduct and 7 nos. stations (excl. E&M, architectural finishing and roofing) from Majura Gate to Saroli Dead End under corridor-2 in connection with Surat Metlo Rail Project Phase – I (Pkg-CS-6). The cost of project is Rs 702.02 crore. The period of completion of the project is 26 months. Dilip Buildcon is a full-service infrastructure company with construction capabilities in roads & bridges, mining, water sanitation, sewage and dams with a presence in over 19 states. The companys standalone net profit tumbled 26.7% to Rs 19.80 crore in Q1 FY23 from Rs 27.02 crore posted in Q1 FY22. Revenue from operations jumped 22.1% to Rs 2,621.52 crore in the first quarter as against Rs 2,146.26 crore recorded in the same period last year. Powered by Capital Market – Live News