Hot Pursuit     18-Mar-24
Dilip Buildcon rises as JV bags LoA for Rs 413-cr project in MP
Dilip Buildcon added 1.52% to Rs 411.75 after the firm through its joint venture (JV), VKMCPL-DBL received letter of acceptance (LoA) for construction project in Madhya Pradesh (MP) worth Rs 412.92 crore.
The company’s JV with Vijay Kumar Mishra Construction named VKMCPL-DBL bagged LoA from the Water Resources Department of Madhya Pradesh.

The scope of order constitutes 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 despite of 23.9% increase in revenue from operations to Rs 2,876.84 crore in Q3 FY24 over in Q3 FY23.

Previous News
  Board of Dilip Buildcon recommends final dividend
 ( Corporate News - 09-May-25   09:35 )
  Dilip Buildcon consolidated net profit rises 3099.06% in the March 2025 quarter
 ( Results - Announcements 09-May-25   07:38 )
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 ( Corporate News - 15-Feb-24   18:33 )
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 ( Hot Pursuit - 24-Nov-23   12:58 )
  Dilip Buildcon to announce Quarterly Result
 ( Corporate News - 03-Feb-23   12:33 )
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  Dilip Buildcon gains on incorporating 3 SPVs
 ( Hot Pursuit - 30-Dec-22   12:57 )
  Dilip Buildcon receives provisional completion certificate for road project in Karnataka
 ( Corporate News - 03-Aug-23   11:31 )
  Dilip Buildcon reports consolidated net profit of Rs 17.01 crore in the September 2022 quarter
 ( Results - Announcements 15-Nov-22   08:22 )
  Dilip Buildcon executes concession agreement with NHAI for four road projects
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