Hot Pursuit     05-Dec-22
Dilip Buildcon rises on executing contract agreement with GMRC
Dilip Buildcon gained 2.42% to Rs 243.80 after the company announced that it has executed a contract agreement with the Gujarat Metro Rail Corporation (GMRC) for Phase-1 of Surat Metro Rail proiect in the state of Gujrat.

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 one of the leading full-service infrastructure company with construction capabilities in roads & bridges, mining, water sanitation, sewage, dams, irrigation, industrial, commercial and residential buildings with a presence in over 19 states & 1 union territory.

The company reported a standalone net profit of Rs 64.15 crore in Q2 FY23 as against a net loss of Rs 19.31 crore in Q2 FY22. Revenue from operations rose 4.91% year on year to Rs 2,261.93 crore in the quarter ended 30 September 2022.

Previous News
  Dilip Buildcon incorporates 2 SPVs for road project in Andhra Pradesh
 ( Hot Pursuit - 17-Apr-23   09:50 )
  Dilip Buildcon divest 51% stake in project SPV (Pathrapali Kathgora Highways)
 ( Corporate News - 04-Jul-24   18:06 )
  Dilip Buildcon gets completion certificate for Maharashtra project
 ( Hot Pursuit - 14-Jul-23   12:09 )
  Dilip Buildcon gains as JV bags Rs 413-cr project
 ( Hot Pursuit - 16-Feb-24   09:51 )
  Board of Dilip Buildcon recommends Final Dividend
 ( Corporate News - 20-May-23   10:43 )
  Dilip Buildcon to convene EGM
 ( Corporate News - 10-Nov-23   14:57 )
  Dilip Buildcon reports consolidated net profit of Rs 17.01 crore in the September 2022 quarter
 ( Results - Announcements 15-Nov-22   08:22 )
  Dilip Buildcon JV bags project from Water Resource Department, Madhya Pradesh
 ( Corporate News - 20-May-23   13:01 )
  Dilip Buildcon announces execution of concession agreement with NHAI for road project
 ( Corporate News - 17-Feb-23   14:05 )
  Dilip Buildcon gains on emerging as L-1 bidder for Rs 723-cr project
 ( Hot Pursuit - 30-Sep-22   15:21 )
  Dilip Buildcon arm executes concession agreement with NHAI
 ( Hot Pursuit - 17-Feb-23   13:39 )
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