Mr. Vineet Kashyap, Managing
Director, B L Kashyap & Sons Ltd. announcing financial performance for the
first quarter of the fiscal year 24 - 25
Delhi :
- The
order book stood at Rs. 3198 crore as on 30th June 2024 as against Rs.2846
crore for the year ended March 31, 2024 recording a jump of approx. 12%
- Consolidated revenue of Rs. 348.78 crore and PAT stood at Rs. 23.66
crore during the preceding quarter of Q4FY24
- The company received two prestigious orders worth Rs. 1021 crore
during the quarter from DLF City Centre Ltd and Sattva Homes Private
Limited
B L Kashyap & Sons Limited (BSE: 532719 NSE: BLKASHYAP), one of the
leading civil engineering and construction company released its financial
performance for the first quarter of the fiscal year 24 - 25. In Q1FY25, the
company achieved a consolidated revenue of Rs. 352.71 crore and PAT of Rs.
20.25 crore as compared to Rs. 255.44 crore in revenue and Rs. 9.96 crore in
PAT for Q1FY24 reporting a significant 38.08% rise in consolidated revenue and
103.31% increase in PAT respectively. During the preceding quarter of Q4FY24,
the consolidated revenue stood at Rs. 348.78 crore and PAT amounted to Rs.
23.66 crore.
The order book stood at Rs. 3545 crore as on 30th June 2024 as against
Rs.2846 crore for the year ended March 31, 2024 recording a jump of almost 25%.
The company received two prestigious orders worth Rs. 1021 crore during the
quarter from from DLF City Centre Ltd and Sattva Homes Private Limited.
Commenting on the results, Mr. Vineet
Kashyap, Managing Director, B L Kashyap & Sons Ltd. said, “We
are delighted to announce a remarkable increase in our consolidated revenue and
PAT for Q1 FY25. This exceptional growth reflects our ongoing commitment to
excellence and strategic execution. It’s also a testament to our commendable
efforts in getting prestigious orders and taking advantage of the expanding
opportunities in the infrastructure sector. The significant rise in our order
book underscores our strong market position, while the government's focus on
infrastructure development continues to drive positive momentum. We remain
committed to leveraging these opportunities to deliver sustained value for our
stakeholders.”
Mr. Vineet Kashyap further added that “"We remain committed to achieving
our FY2024-25 targets, including a 35% increase in revenue and double-digit
margin growth. Looking ahead, we are optimistic about reaching an order book of
approximately Rs. 4,500-5,000 crore for FY2025-26 as we continue to engage new
clients through our proven funnel approach.”
The company sees significant opportunities in residential projects,
railway infrastructure, blue-chip private developments, emerging regions like
Pune and Hyderabad, hospitals, and composite steel structures.
About B L Kashyap:
B L Kashyap & Sons Ltd. (BLK) is one of the leading Engineering,
Procurement and Construction (EPC) Company. The company has a presence in 12
cities across 8 states in India. With three decades of expertise, BLK has
completed over 250 projects and more than 140 million sq. ft. The portfolio
spread includes IT Campuses, Commercial Spaces, Malls, Hotels, Residential
Complexes, Institutions, Factories and Manufacturing Facilities, Healthcare and
Transportation. BLK has a strong workforce of 1200+ engineers &
professionals.
B L Kashyap and Sons Ltd. has received many accolades and awards in the
recent past. Some of the prestigious ones include International Safety Winner
for DNR Altitude Bangalore – British Safety Council, CII South Safety
Excellence award, “UNNATHA SURAKSHA PURASKARA” &“UTTAMA SURAKSHA PURASKARA”,
Excellence awards from National Safety Council Karnataka, Award of appreciation
from RLDA against Gomti Nagar for 5 million safe Man hours, Award of
appreciation from Elan Paradise against 1.58 million safe Man hours, Award of
appreciation from AIPL Joy Gallery for 3 million safe Man hours and Award of
appreciation from DLF Arbour for 1 million safe Man hours.
For further information on the company: www.blkashyap.com
For further media queries, please contact:
Sonia Kulkarni | 9820184099