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 Urban

10 Sep 2025

India Achieves TEC Certification for Indigenous Telecom System

India’s semiconductor ambitions received a major boost as a telecom system built with indigenously manufactured chips secured Telecommunication Engineering Center (TEC) certification.Union IT Minister Ashwini Vaishnaw announced the achievement on X, calling it a “big leap for India’s semiconductor story.” For the first time, a telecom system powered by Indian-made chips has successfully cleared all standards and quality tests.TEC certification, issued by the Department of Telecommunications, confirms that the product meets stringent benchmarks for performance and quality. This mileston..

Mumbai Metro Line 4 Trial Runs Set to Begin This Month

Trial runs on Mumbai Metro Line 4 are expected to commence this month, with passenger services on its initial phase likely to start by the end of 2025. The Green Line will operate between Kasarvadavali and Wadala, covering 32.3 km with 32 stations, providing much-needed relief to commuters in eastern and central Mumbai and Thane.Mumbai Metropolitan Region Development Authority (MMRDA) officials stated that work is advancing rapidly on a 10.5-km section between Gaimukh and Cadbury Junction, which includes 10 stations. This stretch will open first, followed by the remainder of the line.Approxima..

Mumbai Metro Line 11 Approved, Extending Corridor to Gateway

The Maharashtra Cabinet has approved the Mumbai Metro Line 11 project, extending Line 4 along the Wadala–Thane–Kasarvadavli route to the Gateway of India. The 17.5 km corridor, comprising 13 km underground and 4.3 km elevated sections, is estimated to cost Rs 23,488 crore and will feature 14 stations. The Mumbai Metropolitan Region Development Authority (MMRDA) will implement the project, with central government support provided through equity and interest-free subordinate debt, while the state government will manage the loan component.The original alignment from Wadala to CSMT, which trav..