PSP Projects said that it has received new work orders worth Rs. 938.76 crore, which includes fresh work orders of Rs 511.39 crore and Rs 327.39 crore in FY 2021-22 and FY 2022-23, respectively, and additional scope in existing contracts worth Rs 99.98 crore in FY 2021-22.

With the receipt of the above orders, the total work orders received at the end of the financial year 2021-22 amount to Rs 1,802.23 crore.

PSP Projects is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India.

The company's net profit rose 71.85% to Rs 50.13 crore on a 24.47% increase in sales to Rs 485.62 crore in Q3 FY22 over Q3 FY21.