Delhi…August 14, 2024
B L Kashyap & Sons Limited (BSE: 532719 NSE: BLKASHYAP), one of the leading civil engineering and construction company released its financial performance for the first quarter of the fiscal year 24 – 25. In Q1FY25, the company achieved a consolidated revenue of Rs. 352.71 crore and PAT of Rs. 20.25 crore as compared to Rs. 255.44 crore in revenue and Rs. 9.96 crore in PAT for Q1FY24 reporting a significant 38.08% rise in consolidated revenue and 103.31% increase in PAT respectively. During the preceding quarter of Q4FY24, the consolidated revenue stood at Rs. 348.78 crore and PAT amounted to Rs. 23.66 crore.
The order book stood at Rs. 3545 crore as on 30th June 2024 as against Rs.2846 crore for the year ended March 31, 2024 recording a jump of almost 25%. The company received two prestigious orders worth Rs. 1021 crore during the quarter from from DLF City Centre Ltd and Sattva Homes Private Limited.
Commenting on the results, Mr. Vineet Kashyap, Managing Director, B L Kashyap & Sons Ltd. said, “We are delighted to announce a remarkable increase in our consolidated revenue and PAT for Q1 FY25. This exceptional growth reflects our ongoing commitment to excellence and strategic execution. It’s also a testament to our commendable efforts in getting prestigious orders and taking advantage of the expanding opportunities in the infrastructure sector. The significant rise in our order book underscores our strong market position, while the government’s focus on infrastructure development continues to drive positive momentum. We remain committed to leveraging these opportunities to deliver sustained value for our stakeholders.”
Mr. Vineet Kashyap further added that “”We remain committed to achieving our FY2024-25 targets, including a 35% increase in revenue and double-digit margin growth. Looking ahead, we are optimistic about reaching an order book of approximately Rs. 4,500-5,000 crore for FY2025-26 as we continue to engage new clients through our proven funnel approach.”
The company sees significant opportunities in residential projects, railway infrastructure, blue-chip private developments, emerging regions like Pune and Hyderabad, hospitals, and composite steel structures.
About B L Kashyap:
B L Kashyap & Sons Ltd. (BLK) is one of the leading Engineering, Procurement and Construction (EPC) Company. The company has a presence in 12 cities across 8 states in India. With three decades of expertise, BLK has completed over 250 projects and more than 140 million sq. ft. The portfolio spread includes IT Campuses, Commercial Spaces, Malls, Hotels, Residential Complexes, Institutions, Factories and Manufacturing Facilities, Healthcare and Transportation. BLK has a strong workforce of 1200+ engineers & professionals.
B L Kashyap and Sons Ltd. has received many accolades and awards in the recent past. Some of the prestigious ones include International Safety Winner for DNR Altitude Bangalore – British Safety Council, CII South Safety Excellence award, “UNNATHA SURAKSHA PURASKARA” &“UTTAMA SURAKSHA PURASKARA”, Excellence awards from National Safety Council Karnataka, Award of appreciation from RLDA against Gomti Nagar for 5 million safe Man hours, Award of appreciation from Elan Paradise against 1.58 million safe Man hours, Award of appreciation from AIPL Joy Gallery for 3 million safe Man hours and Award of appreciation from DLF Arbour for 1 million safe Man hours.
For further information on the company: www.blkashyap.com
For further media queries, please contact:
Sonia Kulkarni | 9820184099
Image Name: New Editor Image Credit: Hodinkee The largest online publication devoted to luxury watches…
Image Name: BYD Batteries Image Credit: Car Expert BYD, China's number one automaker, is going…
Image Name: Kylie Jenner Fashion Show Image Credit: Teen Vogue A fashion show that makes…
Image Name: Sipping Sugary Beverages Image Credit: ABC News Sugary beverages are a global favorite,…
Image Name: Genesis GV70 Redesigned Grille Image Credit: Car and Driver The Genesis GV70 rapidly…
Image Name: Celine Dion in Pink Couture Image Credit: Vogue Arabia Couple that with the…