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The project involved four lane with paved shoulder configuration of Pathrapali-Kathghora pakage-II of Bilaspur-Kathghora section of NH-111 (New NH-130) in the state of Chhattisgarh under Bharatmala on hybrid annuity mode. The contract price of the project stood at Rs 860.50 crore.
The provisional completion certificate has been issued by the authority and had declared the project fit for entry into commercial operation with effect from 16 June 2023.
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 net loss of Rs 73.16 crore in Q4 FY23 as compared with net loss to Rs 55.51 crore in Q4 FY22. Net sales jumped 6.7% year on year to Rs 2,841.05 crore in Q4 FY23 over Q4 FY22.
The scrip rose 0.64% to currently trade at Rs 252 on the BSE.
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