Interarch Bags Rs 1.3bn Domestic PEB Order
ECONOMY & POLICY

Interarch Bags Rs 1.3bn Domestic PEB Order

Interarch Building Solutions Ltd has secured a domestic order valued at approximately Rs 1.3 billion, including taxes, for the design, engineering, manufacturing, supply and erection of a pre-engineered steel building system, the company said in a filing on Tuesday, 13 January. The customer’s identity has been withheld due to confidentiality and commercial considerations.

The project will be executed over 17 months from commencement as per the agreed schedule. The contract includes an advance payment of 10 per cent to be received upon order confirmation. Interarch confirmed that the awarding entity is domestic and that neither the promoter nor promoter group has any interest in it.

On the financial front, the company reported a 52 per cent year-on-year rise in quarterly revenue to Rs 4.91 billion. EBITDA increased 65 per cent to Rs 417 million from Rs 253 million in the corresponding quarter last year. EBITDA margin improved by 70 basis points to 8.5 per cent, reflecting stronger operating efficiency.

Interarch Building Solutions Ltd has secured a domestic order valued at approximately Rs 1.3 billion, including taxes, for the design, engineering, manufacturing, supply and erection of a pre-engineered steel building system, the company said in a filing on Tuesday, 13 January. The customer’s identity has been withheld due to confidentiality and commercial considerations. The project will be executed over 17 months from commencement as per the agreed schedule. The contract includes an advance payment of 10 per cent to be received upon order confirmation. Interarch confirmed that the awarding entity is domestic and that neither the promoter nor promoter group has any interest in it. On the financial front, the company reported a 52 per cent year-on-year rise in quarterly revenue to Rs 4.91 billion. EBITDA increased 65 per cent to Rs 417 million from Rs 253 million in the corresponding quarter last year. EBITDA margin improved by 70 basis points to 8.5 per cent, reflecting stronger operating efficiency.

Next Story
Real Estate

Dash Square Adds Ashley Study Furniture

Dash Square has expanded its furniture portfolio with a curated study furniture collection from Ashley Furniture Homestore. The range is designed for contemporary homes where work, study and creative activities increasingly require dedicated and well-planned spaces.The collection includes writing desks, executive workstations, storage-led study units and display shelving. It combines practicality, comfort and design to create workspaces that are functional as well as visually appealing.One setting features a light-toned desk with coordinated bookcases and storage cabinets, creating a bright an..

Next Story
Real Estate

Suraj Estate Arm Acquires Mahim Land Rights

Suraj Estate Developers, through its wholly owned subsidiary Iconic Property Developers, has signed an MoU to acquire development rights for a land parcel in Mahim (West), Mumbai, for Rs 75 crore. The plot measures around 2,941 sq m and is located next to the company’s ongoing commercial project, Suraj One Business Bay.After amalgamation with the existing commercial development, the land is expected to generate additional saleable carpet area of around 1.50 lakh sq ft, with an estimated gross development value of Rs 800 crore. The project is expected to strengthen the company’s near-to-med..

Next Story
Infrastructure Urban

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company ben..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement