Hot Pursuit     17-Jan-24
PSP Projects emerges as L-1 bidder for Rs 630-cr project
PSP Projects announced that it has emerged as lowest bidder (L-1) for construction project worth Rs 630.90 crore.
The order entails construction of Gati Shakti Vishwavidyalaya for Rail Vikas Nigam at Vadodara, Gujarat for Rs 630.90 crore.

With receipt of above, the total value of projects as lowest bidder amounts to Rs 1853.37 crore for the financial year 2023-24, which is in addition to the work orders received till date amounting to Rs 1,060.30 crore for the financial year 2023-24.

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 the country.

The company's consolidated net profit soared 78.7% to Rs 38.52 crore on 72.1% jump in net sales to Rs 619.65 crore in Q2 FY24 over Q2 FY23.

Shares of PSP Projects declined 0.53% to end at Rs 738.45 on the BSE.

Previous News
  PSP Projects consolidated net profit rises 22.40% in the March 2021 quarter
 ( Results - Announcements 18-Jun-21   14:53 )
  PSP Projects bags Fastest Growing Construction Co. in India award
 ( Corporate News - 16-Oct-23   12:53 )
  PSP Projects jumps over 11% in six days
 ( Hot Pursuit - 06-Jan-23   11:01 )
  PSP Project gets approval for manufacturing precast
 ( Hot Pursuit - 23-Dec-21   09:39 )
  PSP Projects receives work order worth Rs 317.13 cr
 ( Corporate News - 15-May-23   11:59 )
  PSP Projects fixes record date for interim dividend
 ( Market Beat - Reports 14-Mar-20   14:51 )
  PSP Projects reports consolidated net loss of Rs 3.44 crore in the June 2020 quarter
 ( Results - Announcements 05-Aug-20   13:33 )
  PSP Projects bags orders worth Rs 441.25 cr
 ( Corporate News - 01-May-23   13:50 )
  PSP Projects gets revision in ratings for bank facilities
 ( Corporate News - 25-Sep-18   20:17 )
  PSP Projects reports standalone net loss of Rs 2.22 crore in the June 2020 quarter
 ( Results - Announcements 05-Aug-20   13:00 )
  PSP Projects secures work order worth Rs 119.29 cr
 ( Corporate News - 04-Nov-20   15:32 )
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