The balance work of the project will be completed through the company on payment basis and further the expenditure of rehabilitation and repairs of existing works will be borne by the parties in the ratio of 2:1.
MBL Infrastructure provides integrated engineering, procurement and construction (EPC) services for civil construction and infrastructure sector projects.
On a consolidated basis, MBL Infrastructure reported net loss of Rs 17.64 crore in Q2 September 2022 as against net profit of Rs 12.86 crore in Q2 September 2021. Net sales declined 0.76% to Rs 52.49 crore in Q2 September 2022 over Q2 September 2021.
