Markolines Q1 Profit Doubles, Revenue Up 44 Per Cent

20 Aug 2025 CW Team

Markolines Pavement Technologies Limited, an integrated highway maintenance solutions company, has reported strong growth in its Q1 FY26 results, with both revenue and profit showing sharp gains.

Operating income rose 44 per cent year-on-year to Rs 727 million in Q1 FY26 from Rs 504 million a year earlier. EBITDA increased 38 per cent to Rs 75 million, while profit after tax more than doubled to Rs 38 million compared with Rs 17 million in Q1 FY25. PAT margin improved to 5.2 per cent from 3.4 per cent. Earnings per share also rose significantly to Rs 1.72 from Rs 0.90 last year.

The company secured new orders worth around Rs 400 million during the quarter, expanding its unexecuted order book to Rs 4 billion as of 30 June 2025, which is expected to translate into revenue over the next 12–24 months. Management highlighted that despite the quarter typically being impacted by the monsoon season, efficient execution across diverse locations enabled higher resource utilisation and improved operational performance.

Chairman and Managing Director Sanjay Patil said the company’s performance reflected its ability to create value for stakeholders by building strong execution capabilities. Chief Financial Officer Vijay R. Oswal added that the company is targeting large-scale, high-margin projects to benefit from increased government spending on roads and highways.

Established in 2002, Markolines Pavement Technologies has delivered over 4,870 lane kilometres of highway maintenance projects across India. Its services include preventive maintenance, micro-surfacing, and cold in-place recycling. With a pan-India presence and a growing order book, the company aims to strengthen its leadership in the highway operations and maintenance sector.

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..