Bondada Unit Secures Rs 104.4 mn BSNL Tower Supply Order

23 Jul 2026 CW Team

The order covers the supply of BSNL 40-metre towers, foundation bolts and templates, and the contract is scheduled to be executed within three months.

The company indicated that production and delivery will be managed from existing tower manufacturing facilities to meet the short execution timeline.

Bondada Engineering said the award strengthens the Bondada Group's presence in the telecom infrastructure segment and underscores customer confidence in its engineering, manufacturing and execution capabilities.

Bondada Green Engineering operates advanced tower manufacturing facilities that cater to the telecom sector and are equipped to handle design, fabrication and quality assurance for tower projects.

The firm expects the contract to reinforce relationships with domestic telecom customers and to support order pipeline visibility.

The company clarified that the order has been awarded by a domestic entity and does not constitute a related?party transaction, adding that neither promoters nor promoter group entities have any interest in Veremax Technologie Services.

Bondada Engineering provides engineering, procurement and construction services and operations and maintenance services to companies operating in the telecom and solar energy industry.

Management noted that such contracts form part of the company’s regular commercial activities and contribute to short?term revenue execution.

On the financial front, Bondada Engineering reported consolidated net profit for the fourth quarter of fiscal 2026 rose 13.3 per cent to Rs 628.8 mn from Rs 555.1 mn in the year?ago quarter.

Revenue from operations increased 27.9 per cent year on year to Rs 9.14 bn in the quarter, reflecting broad growth across project deliveries.

The scrip shed 0.33 per cent to Rs 291.10 on the BSE, a modest market reaction following the update.

Bondada Engineering said its wholly owned subsidiary Bondada Green Engineering has secured a purchase order worth Rs 104.4 mn from Veremax Technologie Services for the supply of telecom infrastructure products. The order covers the supply of BSNL 40-metre towers, foundation bolts and templates, and the contract is scheduled to be executed within three months. The company indicated that production and delivery will be managed from existing tower manufacturing facilities to meet the short execution timeline. Bondada Engineering said the award strengthens the Bondada Group's presence in the telecom infrastructure segment and underscores customer confidence in its engineering, manufacturing and execution capabilities. Bondada Green Engineering operates advanced tower manufacturing facilities that cater to the telecom sector and are equipped to handle design, fabrication and quality assurance for tower projects. The firm expects the contract to reinforce relationships with domestic telecom customers and to support order pipeline visibility. The company clarified that the order has been awarded by a domestic entity and does not constitute a related?party transaction, adding that neither promoters nor promoter group entities have any interest in Veremax Technologie Services. Bondada Engineering provides engineering, procurement and construction services and operations and maintenance services to companies operating in the telecom and solar energy industry. Management noted that such contracts form part of the company’s regular commercial activities and contribute to short?term revenue execution. On the financial front, Bondada Engineering reported consolidated net profit for the fourth quarter of fiscal 2026 rose 13.3 per cent to Rs 628.8 mn from Rs 555.1 mn in the year?ago quarter. Revenue from operations increased 27.9 per cent year on year to Rs 9.14 bn in the quarter, reflecting broad growth across project deliveries. The scrip shed 0.33 per cent to Rs 291.10 on the BSE, a modest market reaction following the update.

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