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 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. “..