New or­der bodes well for Dilip Build­con

The Hindu Business Line - - MARKET RADAR -

Dilip Build­con has re­ceived Let­ter of Ac­cep­tance for a new OB re­moval con­tract min­ing pro­ject for ₹1,000.36 crore (in­clud­ing taxes) from Ma­hanadi Coal­field, a sub­sidiary of Coal In­dia. Share­hold­ers will closely mon­i­tor the ex­e­cu­tion of the pro­ject by Dilip Build­con, which had re­ported a net profit of ₹83.23 crore and rev­enues of ₹1,623.73 crore for the quar­ter ended Septem­ber 2018; for H1 of the cur­rent fis­cal, the fig­ures stood at ₹338.11 crore and ₹4,060 crore, re­spec­tively.

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