Hot Pursuit     16-Nov-23
Bondada Eng rises after bagging work order from BSNL
Bondada Engineering added 3.79% to Rs 396.90 after the company announced that it has bagged an order from Bharat Sanchar Nigam (BSNL) worth Rs 34.35 crore.

The contract is for providing infrastructure as a service (IaaSP) for supply and erection of GBT, infrastructure as a service provider (IaaSP) for supply installation of infrastructure item and subsequent operations and maintenance (O&M) for 5 years.

Bondada Engineering is an ISO 9001:2015 certified infrastructure company that provides engineering, procurement, and construction (EPC) services, as well as operations and maintenance (O&M) services to customers in the telecom and solar energy industries throughout India. With a team of over 550 employees, Bondada Engineering offers core design and engineering services, as well as O&M services in the infrastructure space. The company specialises in passive telecom infrastructure services, including turnkey solutions for cell site construction, operation, and maintenance of telecom towers. Bond has installed over 11,600 telecom towers and poles to date. It also provides O&M services to solar energy customers, including testing, cleaning, repair, and inspection of solar panels.

The company recorded a revenue from operations of Rs 370.58 crore and net profit of Rs 18.25 crore in the year ended as on 31 March 2023.

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