Hot Pursuit     17-Aug-23
Dilip Buildcon gains after JV bags LoA for irrigation project in Madhya pradesh
Dilip Buildcon rose 2.53% to Rs 314.05 after the company received letter of acceptance (LoA) through its joint venture, Dilip Buildcon – Vijay Kumar Mishra Construction from Water Resource Department in Mandsaur, Madhya Pradesh.
LoA includes construction of Malhargarh Pressurized Micro lifting major irrigation project on turnkey basis comprising of preparation of construction drawings & design, obtaining approval of all construction drawing & design from the competent authority including construction of all civil, mechanical and electrical works involved in the construction of Project.

The cost of the project is Rs 699.03 crore and completion period is 36 months and after completion management, operation and maintenance (MOM) for the period of 60 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 consolidated net profit of Rs 12.68 crore in Q1 FY24 as compared with net loss of Rs 53.94 crore in Q1 FY23. Net sales rose 1.3% year on year to Rs 2920.78 crore in Q1 FY24 over Q1 FY23.

Previous News
  Dilip Buildcon reports consolidated net profit of Rs 5.34 crore in the March 2024 quarter
 ( Results - Announcements 10-May-24   16:56 )
  Dilip Buildcon consolidated net profit rises 7.35% in the December 2024 quarter
 ( Results - Announcements 15-Feb-25   07:40 )
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  Dilip Buildcon invokes arbitration against NHAI for road project in Karnataka
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  Dilip Buildcon consolidated net profit declines 3.29% in the December 2023 quarter
 ( Results - Announcements 13-Feb-24   07:40 )
  Dilip Buildcon arm executes concession agreement with NHAI
 ( Hot Pursuit - 08-Jun-23   15:42 )
  Dilip Buildcon - Patel Engineering JV bags drinking water supply project in Ujjain, MP
 ( Corporate News - 22-Aug-23   13:20 )
  Dilip Buildcon rises on emerging as L-1 bidder for Rs 1,341-cr project
 ( Hot Pursuit - 05-Sep-24   14:31 )
  Dilip Buildcon to announce Quarterly Result
 ( Corporate News - 28-Jul-23   11:24 )
  Dilip Buildcon bags irrigation project worth Rs 699 cr in Madhya Pradesh
 ( Corporate News - 17-Aug-23   15:59 )
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