Niraj Cement's JV Wins Rs 1.15 Billion NHAI Contract

02 Apr 2025 CW Team

Niraj Cement Structurals has announced that its joint venture, Niraj-SPPL JV, has been awarded a construction contract worth Rs 1.15 billion by the National Highway Authority of India (NHAI). The announcement was made after market hours on 28 March 2025.

The project involves the construction of five Vehicular Underpasses (VUPs) at specific locations—Km 434+150, Km 452+150, Km 456+000, Km 462+670, and Km 466+270—along with a flyover at Km 442+610, including approach roads. The work is part of the Puintola to Icchapuram section of NH-16 in Odisha and will be carried out on an engineering, procurement, and construction (EPC) basis. The contract is set for completion within 12 months.

Niraj Cement Structurals specializes in infrastructural services and has reported strong financial performance in the latest quarter. In Q3 FY25, the company recorded a consolidated net profit of Rs 20.17 million, reflecting a 65.6 per cent increase compared to the same quarter in the previous fiscal year. However, revenue from operations declined by 5.4 per cent to Rs 1.19 billion during the same period.

News source: Business Standard

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..