With this, the total work orders received during the financial year 2022-23 to date amount to Rs 549.62 crore.

The company further said that it has emerged as the lowest bidder (L-1 Bidder) for a Government Medical College and Hospital in Gujarat with a bid value worth Rs 615.18 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 consolidated net profit rose 32.30% to Rs 55.22 crore on a 10.77% increase in sales to Rs 554.65 crore in Q4 FY22 over Q4 FY21.