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 JV bags Rs 699 cr irrigation project in Madhya Pradesh
 ( Corporate News - 04-Sep-23   15:04 )
  Dilip Buildcon receives completion certificate for Maharashtra Samruddhi Mahamarg project
 ( Corporate News - 14-Jul-23   16:13 )
  Dilip Buildcon executes agreement with MP Govt
 ( Hot Pursuit - 04-Sep-23   14:23 )
  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 irrigation project of Rs 412 cr
 ( Corporate News - 15-Feb-24   18:33 )
  Dilip Buildcon receives credit ratings from CRISIL
 ( Corporate News - 27-Apr-23   12:57 )
  Dilip Buildcon reports consolidated net loss of Rs 444.48 crore in the September 2021 quarter
 ( Results - Announcements 14-Nov-21   09:22 )
  Dilip Buildcon jumps on provisional completion of Sangli-Solapur project
 ( Hot Pursuit - 23-Dec-21   15:04 )
  Dilip Buildcon receives LoA for NHAI road project in Chhattisgarh state
 ( Corporate News - 01-Mar-22   17:33 )
  Dilip Buildcon gets completion certificate for Karnataka project
 ( Hot Pursuit - 14-Mar-23   15:20 )
  Dilip Buildcon completes road project in Karnataka
 ( Corporate News - 14-Mar-23   14:21 )
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