The order has been awarded by the Narmada Water Resources, Water Supply & Kalpasar department, the government of Gujarat.
The project involves designing and constructing the Ged Barrage, protection work and other allied activities across the Sabarmati River between Hirpura barrage and Lakroda weir in Ta. Prantij, District Sabarkantha, including operation and maintenance for 10 years.
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The contract is to be executed on an Engineering, Procurement and Construction (EPC) basis with a completion period of 24 months. According to the disclosure, the order has been awarded by a domestic entity and is not a related party transaction.
Fourth Quarter Results
The company posted a consolidated net profit of ₹62.05 crore for the quarter ended March 31, down 63.7% from ₹170.83 crore a year earlier. Revenue from operations fell 25.7% year-on-year to ₹2,299.8 crore from ₹3,096.1 crore.
EBITDA declined 40.7% to ₹392.3 crore during the quarter, while EBITDA margin narrowed to 17.06% from 21.35% a year earlier, the filing showed.
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The company said the previous year’s earnings included exceptional gains from divestments of stakes in HAM projects and the sale of investment units, which had supported profitability in FY25 and impacted the year-on-year comparison.
Separately, the board recommended a dividend of ₹1 per equity share, equivalent to 10% of face value, for the financial year 2025-26. The proposed dividend is subject to shareholder approval at the upcoming annual general meeting.
Shares of Dilip Buildcon Ltd ended at ₹430.90, down by ₹1.95, or 0.45%, on the BSE.
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(Edited by : Jomy Jos Pullokaran)
