Markolines Wins Rs 1 Billion Order in Andhra Pradesh

28 Aug 2025 CW Team

Markolines Pavement Technologies Limited, an integrated highway maintenance solutions provider, has secured a major order worth Rs 1 billion from Trans Metalite India Limited for patch repair works in Andhra Pradesh. With this addition, the company’s total order book has now crossed Rs 4 billion as of 31st July 2025.

The Letter of Acceptance from Trans Metalite confirms Markolines' role in executing the project over a five-year period, reflecting strong client confidence in its capabilities.

In the ongoing fiscal year 2025–26, the company has also received multiple new contracts totalling approximately Rs 974.7 million. These include two repeat orders from Varanasi Aurangabad NH-2 Tollway Private Limited, strengthening Markolines’ position in the highway maintenance sector.

Commenting on the achievement, Mr Sanjay Patil, Founder, Chairman & Managing Director of Markolines Pavement Technologies Limited, stated:

“India’s infrastructure sector is gaining strong momentum, driven by government support. This has supported the steady growth of our order book. As a specialist in highway maintenance, we deliver innovative, customised solutions. The strength of our current order book reflects our clients’ continued trust, and we anticipate further expansion in line with ongoing infrastructure development.”

Mr Vijay Oswal, Founder and Chief Financial Officer, added:

“Our expanding order book gives us solid revenue visibility and is expected to positively impact our financial performance in upcoming quarters. We also expect margin improvements as we focus on large, high-value projects, leveraging our specialised execution skills and strong pre-qualifications.”

For the first quarter of FY26, ending 30th June 2025, Markolines reported a 119.4 per cent year-on-year rise in profit after tax, reaching Rs 37.9 million. Operating income rose by 44.4 per cent year-on-year to Rs 727.2 million, with EBITDA margins at 10.3 per cent.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..