Twamev Reports High Sales Surge, Eyes Leaner Growth
28 May 2025 CW Team
Twamev Construction and Infrastructure Ltd. (formerly Tantia Construction Ltd.) reported a robust performance for FY2024–25, marked by a 60 per cent year-on-year rise in revenue to ₹8.5 billion (₹850 crore). The company declared a net profit of ₹5.6 billion (₹560 crore), supported by an arbitration award and favourable tax position, after a loss of ₹1.8 billion the previous year.
Operating profit before exceptional items stood at ₹2.4 billion (₹240 crore), while reserves surged to ₹28.8 billion (₹2,880 crore), demonstrating balance sheet strengthening. The company closed the year with a healthy order book of ₹33 billion (₹3,300 crore).
Key Strategic and Operational Initiatives:
18. Asset-Light Model: Reinforced to improve capital efficiency and agility.
19. Cost Rationalisation: Overhead restructuring and strict cost control bolstered margins.
20. Legacy Claims: Progress in arbitration claim settlements is expected to further boost liquidity.
21. Strategic Partnerships: Collaborated with Braithwaite Burn, Jessop and KEC to expand into ropeway construction.
22. Execution Model: Balanced approach between self-executed and subcontracted work improved delivery predictability and cost control.
According to CFO Tarun Chaturvedi, FY25 marked a turning point: “We have emerged stronger and better prepared to scale. With a robust order book and renewed strategic focus, we are confident of delivering sustained value.”
Twamev’s results reflect the success of its turnaround strategy under new management, positioning the firm for long-term, sustainable growth in India’s infrastructure sector.