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The first SPV has been set up for the development of 6 lane access controlled Greenfield Highway from Kodur to Vanavolu [NH-544G] Bengaluru – Vijayawada Economic Corridor under Bharatmala Pariyojana Phase-I (Package-1).
The company said its bid project cost stood at Rs 599.50 crore and construction period of the project is 24 months and operation period is 15 years from commercial operation date (COD).
The second SPV has been set up for the development of 6 lane access controlled Greenfield Highway from Odulapalle to Nallacheruvu-palli of NH-544G, Bengaluru Vijayawada Economic Corridor under Bharatmala Pariyojana Phase-I (Package-4).
The bid project cost for the above project stood at Rs 774.10 crore and construction period of the project is 24 months and operation period is 15 years from commercial operation date (COD).
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 79.52 crore in Q3 FY23 as against a net loss of Rs 96.66 crore posted in Q3 FY22. Revenue from operations rose 8.2% year on year to Rs 2,378.78 crore in the quarter ended 31 December 2022.
The scrip rose 0.48% to Rs 179.10 on the BSE.
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