EMS Gains after Securing Rs 2.73 Bn Project LoA from Jaypee Infra

18 Feb 2025 CW Team

EMS shares increased by 1.51 per cent, reaching Rs 659.30 after the company announced receiving a letter of award (LoA) for a project valued at Rs 2.72 billion from Jaypee Infratech.

This project involves executing civil (structure and finishing) and mechanical, electrical, and plumbing (MEP) works for the "ORCHARDS" multi-storeyed group housing development. It will cover towers 'OCA-1 to 3' and 'OCB-1 to 5' located at Jaypee Wish Town in Noida, Uttar Pradesh. The project is expected to be completed within 24 months.

EMS is a prominent engineering, procurement, and construction (EPC) contractor specializing in water supply and sewerage infrastructure projects. Additionally, the company handles EPC works across various sectors such as power transmission, civil construction, electrical transmission and distribution, and building construction.

In its latest financial performance for Q2 FY25, EMS reported a 9.7 per cent rise in consolidated net profit, which reached Rs 490.65 million. This growth was supported by a 10.9 per cent increase in revenue from operations, which amounted to Rs 2.33 billion, compared to Q2 FY24.

News source: Business Standard

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..