Hot Pursuit     16-Feb-24
Dilip Buildcon gains as JV bags Rs 413-cr project
Dilip Buildcon added 2.34% to Rs 461.40 after the firm through its joint venture (JV), VKMCPL-DBL has emerged as the lowest bidder (L-1) for construction project in Madhya Pradesh worth Rs 412.92 crore.
The company’s JV with Vijay Kumar Mishra Construction named VKMCPL-DBL won the tender floated by the Water Resources Department of Madhya Pradesh.

The scope of order entails construction of Machhrewa Irrigation Project Dam and pressurized pipe irrigation network on turn key basis.

The cost of the project is Rs 412.92 crore is to be completed in 60 months.

Dilip Buildcon is presently in the business of development of infrastructure facilities on Engineering Procurement and Construction basis (EPC) and undertakes contract from various Government and other parties and special purpose vehicles promoted by the Company.

The company’s JV with Vijay Kumar Mishra Construction named VKMCPL-DBL won the tender floated by the Water Resources Department of Madhya Pradesh.

The scope of order entails construction of Machhrewa Irrigation Project Dam and pressurized pipe irrigation network on turn key basis.

The cost of the project is Rs 412.92 crore is to be completed in 60 months.

Dilip Buildcon is presently in the business of development of infrastructure facilities on Engineering Procurement and Construction basis (EPC) and undertakes contract from various Government and other parties and special purpose vehicles promoted by the Company.

Dilip Buildcon reported 3.28% decrease in consolidated net profit to Rs 107.38 crore in Q3 FY24 as compared with Rs 111.03 crore in Q3 FY23. Revenue from operations increased 23.9% YoY to Rs 2,876.84 crore in Q3 FY24.

Previous News
  Dilip Buildcon consolidated net profit rises 7.35% in the December 2024 quarter
 ( Results - Announcements 15-Feb-25   07:40 )
  Dilip Buildcon rises as JV bags LoA for Rs 413-cr project in MP
 ( Hot Pursuit - 18-Mar-24   15:57 )
  Dilip Buildcon invokes arbitration against NHAI for road project in Karnataka
 ( Corporate News - 05-Feb-25   10:43 )
  Dilip Buildcon schedules board meeting
 ( Corporate News - 02-Feb-24   15:42 )
  Dilip Buildcon gets completion certificate for Karnataka project
 ( Hot Pursuit - 14-Mar-23   15:20 )
  Dilip Buildcon completes road project in Karnataka
 ( Corporate News - 14-Mar-23   14:21 )
  Dilip Buildcon executes contract agreement for Ahmedabad Metro Rail Project, Phase-2
 ( Corporate News - 02-Mar-23   13:20 )
  Dilip Buildcon arm executes concession agreement with NHAI
 ( Hot Pursuit - 21-Feb-23   15:01 )
  Dilip Buildcon completes Tuljapur-Ausa project in Maharashtra
 ( Hot Pursuit - 27-Aug-22   16:13 )
  Dilip Buildcon advances on bagging order worth Rs 1400 crore
 ( Hot Pursuit - 18-Aug-22   13:52 )
  Dilip Buildcon incorporates a new project specific SPV
 ( Corporate News - 28-Dec-22   15:35 )
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