SRM Contractors Wins Rs 5,009.92 mn In New Contracts
ECONOMY & POLICY

SRM Contractors Wins Rs 5,009.92 mn In New Contracts

SRM Contractors Limited, a construction company listed on Indian exchanges, has announced receipt of contracts totalling Rs 5,009.92 million (mn). The awards were disclosed in a regulatory filing dated 30 June 2026 and cover three significant projects with government entities. The Company reported that the aggregate amount corresponds to approximately Rs 500.99 crore. The filing specified the contracting authorities and project scopes in an annexure.

The largest single order was from Maharashtra State Infrastructure Development Corporation Limited for development work on Darshan Path and related routes in Trimbakeshwar, with a contract valued at Rs 2,109.87 mn. That project includes proposed construction and integrated development, including electrical works, and is scheduled for completion within 12 months from the appointed date. The Company indicated there is no related party interest in the awarding entity.

A second order from the Ministry of Road Transport and Highways covers treatment of five landslide locations on National Highway 107A in Uttarakhand, with a value of Rs 604.34 mn and an execution period of 18 months. The third contract originates from the Northeast Frontier Railway and relates to tunnel approach protection, cut and cover works and earthworks in the Dimapur–Kohima section, with a value of Rs 2,295.72 mn and a 24 month timeline. Both contracts were described as domestic awards.

The Company said the contracts will contribute to its project pipeline and are not related party transactions, and that each will be executed on an arm's length basis. The regulatory disclosure listed the equity ISIN and scrip codes and noted the Company secretary lodged the intimation for records. The filing did not state additional financing arrangements or subcontracting details. SRM Contractors expects to commence work after appointed dates are formalised.

SRM Contractors Limited, a construction company listed on Indian exchanges, has announced receipt of contracts totalling Rs 5,009.92 million (mn). The awards were disclosed in a regulatory filing dated 30 June 2026 and cover three significant projects with government entities. The Company reported that the aggregate amount corresponds to approximately Rs 500.99 crore. The filing specified the contracting authorities and project scopes in an annexure. The largest single order was from Maharashtra State Infrastructure Development Corporation Limited for development work on Darshan Path and related routes in Trimbakeshwar, with a contract valued at Rs 2,109.87 mn. That project includes proposed construction and integrated development, including electrical works, and is scheduled for completion within 12 months from the appointed date. The Company indicated there is no related party interest in the awarding entity. A second order from the Ministry of Road Transport and Highways covers treatment of five landslide locations on National Highway 107A in Uttarakhand, with a value of Rs 604.34 mn and an execution period of 18 months. The third contract originates from the Northeast Frontier Railway and relates to tunnel approach protection, cut and cover works and earthworks in the Dimapur–Kohima section, with a value of Rs 2,295.72 mn and a 24 month timeline. Both contracts were described as domestic awards. The Company said the contracts will contribute to its project pipeline and are not related party transactions, and that each will be executed on an arm's length basis. The regulatory disclosure listed the equity ISIN and scrip codes and noted the Company secretary lodged the intimation for records. The filing did not state additional financing arrangements or subcontracting details. SRM Contractors expects to commence work after appointed dates are formalised.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement