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 Energy

India Adds Record 44.61 GW Solar Capacity in FY2026

India’s solar sector reached a milestone in FY2026, with cumulative installed capacity crossing 150 GW and annual additions hitting a record 44.61 GW, exceeding the government target of 34 GW and nearly doubling FY2025’s 23.83 GW. Distributed Renewable Energy contributed 16.3 GW, while PPA and C&I segments accounted for 34 per cent and 30 per cent, respectively.India has risen from 9th globally in 2015 to 3rd in cumulative solar capacity by 2025 and is set to become the world’s second-largest solar market in annual installations in 2026. Seven states, led by Rajasthan and Gujarat, ac..

Next Story
Real Estate

Abhee Ventures unveils Scottish-themed 45-acre township in Bengaluru

Abhee Ventures, a leading South Indian real estate developer, has announced “Codename New Dimension,” a 45-acre Scottish-themed residential township at Gunjur on Whitefield–Sarjapur Road, Bengaluru. Strategically located between Whitefield and Sarjapur Road, Gunjur benefits from strong connectivity to the Outer Ring Road IT corridor, ITPL, EPIP, the upcoming Dommasandra Metro Station, and the proposed SWIFT City and Peripheral Ring Road.The township, designed in collaboration with London-based UHA London and India’s RSP Architects, offers low-density living with 85 per cent open spaces..

Next Story
Infrastructure Urban

Hindalco unveils Eternia experience centre for high-performance aluminium windows

Hindalco Industries, the metals flagship of the Aditya Birla Group, has launched its Eternia experience centre in Lajpat Nagar, New Delhi, highlighting its high-performance aluminium window systems designed for India’s evolving construction sector. The company is also expanding its manufacturing footprint in North India with a new Bilaspur facility.Eternia has emerged as one of the fastest-growing brands in system aluminium windows, registering nearly 65 per cent CAGR over the last three years. With a nationwide network of 170+ channel partners across 100+ cities, the brand serves homeowners..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement