Dilip Buildcon spurts after emerging as lowest bidder for Rs 702 cr project

4 Jul 2022 , 01:13 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 Cate to Saroli Dead End under corridor 2 in connection with Surat Metro 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 company reported a consolidated net loss of Rs 55.51 crore in the quarter ended March 2022 as against net profit of Rs 123.68 crore during the previous quarter ended March 2021. Sales declined 15% YoY to Rs 2663.70 crore in Q4 FY22. Powered by Capital Market – Live News