BGDL Secures Rs.156 Crore UPL Agro Order

28 Nov 2024 CW Team

Order Highlights Quantity: 3,00,000 tons of oil-grade groundnuts. Value: Rs.156 crore. Duration: Six months. Quality Assurance: Deliveries will undergo rigorous quality checks to meet UPL Agro’s standards. Strategic and Financial Significance This order bolsters BGDL’s position in the agri-commodities sector, enhancing its credibility and market share. The company highlighted the following impacts:

Revenue Boost: Expected to significantly contribute to upcoming quarters’ revenue and profitability. Liquidity Strength: Advance payment received strengthens operational efficiency and cash flow. Strategic Alignment: Reinforces BGDL’s long-term objectives and partnerships with industry leaders like UPL Agro. Outlook and Growth Prospects BGDL aims to capitalize on this collaboration to unlock future opportunities in the agricultural supply chain. This contract aligns with its strategic growth roadmap and promises to create positive value for stakeholders and shareholders. The company reiterated its commitment to transparency and stakeholder engagement for sustained growth.

Recent Financial Performance In Q2 FY25, BGDL reported:

Net Profit: Rs.10.11 crore (up 298.03% quarter-on-quarter). Net Sales: Rs.216.35 crore (up 300.28% quarter-on-quarter). Diversified Operations BGDL specializes in sourcing, importing, and exporting across industries, including textiles, agriculture, and consumer goods. This order marks another milestone in its mission to strengthen its role in high-value sectors, leveraging its expertise for continued expansion.

Bharat Global Developers (BGDL), formerly known as Kkrrafton Developers, saw its stock hit an upper circuit of 5% at Rs.1,544.70 following the announcement of a Rs.156 crore order from UPL Agro, a leader in the agricultural sector. The contract involves the supply of 3,00,000 tons of oil-grade groundnuts at Rs.52 per kilogram, with phased deliveries scheduled over six months. Order Highlights Quantity: 3,00,000 tons of oil-grade groundnuts. Value: Rs.156 crore. Duration: Six months. Quality Assurance: Deliveries will undergo rigorous quality checks to meet UPL Agro’s standards. Strategic and Financial Significance This order bolsters BGDL’s position in the agri-commodities sector, enhancing its credibility and market share. The company highlighted the following impacts: Revenue Boost: Expected to significantly contribute to upcoming quarters’ revenue and profitability. Liquidity Strength: Advance payment received strengthens operational efficiency and cash flow. Strategic Alignment: Reinforces BGDL’s long-term objectives and partnerships with industry leaders like UPL Agro. Outlook and Growth Prospects BGDL aims to capitalize on this collaboration to unlock future opportunities in the agricultural supply chain. This contract aligns with its strategic growth roadmap and promises to create positive value for stakeholders and shareholders. The company reiterated its commitment to transparency and stakeholder engagement for sustained growth. Recent Financial Performance In Q2 FY25, BGDL reported: Net Profit: Rs.10.11 crore (up 298.03% quarter-on-quarter). Net Sales: Rs.216.35 crore (up 300.28% quarter-on-quarter). Diversified Operations BGDL specializes in sourcing, importing, and exporting across industries, including textiles, agriculture, and consumer goods. This order marks another milestone in its mission to strengthen its role in high-value sectors, leveraging its expertise for continued expansion.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..