DMRC awards Rs 3.8 bn contract to Era Infra for Kochi project

Delhi Metro Rail Corporation (DMRC) awarded a Rs 383.7 crore contract to Era Infra Engineering (EIEL) for the construction of elevated viaduct, five elevated stations at the Kochi Metro Rail corridor in Kerala. The contractor is also responsible for architectural finishing, plumbing works of stations on Alwaye-Petta line of Kochi Metro Rail Project. EIEL is an integrated infrastructure company with its presence across the country. The consolidated net profit of the company declined 26 per cent to Rs 109 crore for the year ended March 31, 2013. However, the consolidated net sales for last fiscal rose to Rs 4,684.8 crore, over Rs 4,365.9 crore in 2011-12.