+
Chavda Infra Wins New Order Worth Rs 2.19 Billion
Cement

Chavda Infra Wins New Order Worth Rs 2.19 Billion

Chavda Infra has secured a significant work order valued at Rs 2.18 billion for the construction of a commercial project named "THE IDENTITY" in GIFT City, Gandhinagar, Gujarat. The scope of the project includes reinforced cement concrete (RCC) work, masonry, plastering, and other associated construction activities. The execution timeline for this project is set at 30 months.

In addition to this new order, the company has received total orders worth Rs 5.08 billion during the current financial year. With this, the overall value of orders received to date has reached Rs 13.05 billion. The unexecuted order book currently stands at Rs 7.67 billion, indicating a strong pipeline of upcoming work.

Chavda Infra is actively involved in the construction and infrastructure sector, with expertise in developing residential, commercial, and institutional projects. The company has demonstrated consistent performance and growth in recent years.

For the financial year 2023-24 (FY24), Chavda Infra reported a notable increase in its financial performance. The company’s net profit rose by 55.7 per cent, reaching Rs 180.76 million, compared to the previous financial year. Simultaneously, net sales grew by 49.3 per cent, amounting to Rs 2.41 billion in FY24. These results reflect the company’s expanding project portfolio and efficient execution capabilities.

With a strong order book and ongoing projects, Chavda Infra continues to strengthen its position in the infrastructure development sector.

News source: Business Standard

Chavda Infra has secured a significant work order valued at Rs 2.18 billion for the construction of a commercial project named THE IDENTITY in GIFT City, Gandhinagar, Gujarat. The scope of the project includes reinforced cement concrete (RCC) work, masonry, plastering, and other associated construction activities. The execution timeline for this project is set at 30 months. In addition to this new order, the company has received total orders worth Rs 5.08 billion during the current financial year. With this, the overall value of orders received to date has reached Rs 13.05 billion. The unexecuted order book currently stands at Rs 7.67 billion, indicating a strong pipeline of upcoming work. Chavda Infra is actively involved in the construction and infrastructure sector, with expertise in developing residential, commercial, and institutional projects. The company has demonstrated consistent performance and growth in recent years. For the financial year 2023-24 (FY24), Chavda Infra reported a notable increase in its financial performance. The company’s net profit rose by 55.7 per cent, reaching Rs 180.76 million, compared to the previous financial year. Simultaneously, net sales grew by 49.3 per cent, amounting to Rs 2.41 billion in FY24. These results reflect the company’s expanding project portfolio and efficient execution capabilities. With a strong order book and ongoing projects, Chavda Infra continues to strengthen its position in the infrastructure development sector. News source: Business Standard

Next Story
Infrastructure Transport

India To Get Japan’s Latest E10 Bullet Trains

The Mumbai-Ahmedabad High-Speed Rail Corridor will now operate Japan’s upcoming E10 Shinkansen trains, scheduled for launch in Japan in 2030. These advanced trains, an upgrade from the initially tested E5 models, promise higher speeds, enhanced comfort, and cutting-edge features.This 508-km corridor—352 km in Gujarat and 156 km in Maharashtra—is being developed with advanced Japanese Shinkansen technology and is expected to redefine standards in speed, safety, and reliability.Officials confirmed that the Japanese government will supply the E10 series for the project. This collaboration i..

Next Story
Infrastructure Urban

Continental Expands Assistive ‘OnBoard’ Tech to 100+ BMTC Buses

Continental India, in partnership with the Indian Institute of Technology Delhi, Raised Lines Foundation, and Bangalore Metropolitan Transport Corporation (BMTC), has expanded its smart assistive mobility solution ‘OnBoard’ across more than 100 BMTC buses in Bengaluru. Initially piloted on 25 buses, the solution is now set to be installed in 500 buses by year-end.The expansion was officially announced at the BMTC Central Office during a press conference attended by Shri Ramalinga Reddy, Hon’ble Transport Minister of Karnataka.‘OnBoard’ is a bus-mounted assistive technology designed t..

Next Story
Infrastructure Energy

Himadri PAT Rises 48% in Q1 Amid Global Battery Push

Himadri Speciality Chemical Ltd reported its highest-ever quarterly EBITDA of Rs 234 crore and PAT of Rs 183 crore for Q1 FY26, with profitability up 48% YoY. Revenue stood at Rs 1,100 crore.CMD Anurag Choudhary attributed the gains to operational efficiencies, improved yields, and focus on high-value battery materials. Himadri also revived Birla Tyres with a new brand identity and plans a multi-platform marketing campaign.The firm signed a licensing deal with Australia’s Sicona for SiCx® anode tech, enabling localisation and commercialisation in India. Himadri also invested USD 4.43 millio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?