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.

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..