The construction company announced that it secured an order in Punjab worth Rs 55.39 crore.
The order entails construction of shell & core, facade and MEPF work for Phase-2A (Hostel-2) Plaksha University at IT City Road, SAS Nagar, Punjab. The order is worth about Rs 55.39 crore.The company's order inflow during the FY 2022-23 stands at Rs 4017.63 crore, till date.
Ahluwalia Contracts India is primarily engaged in the business of civil construction activities.
On consolidated basis, the company's net profit rose 9.3% to Rs 39.10 crore in Q2 FY23 as compared to Rs 35.78 crore in Q2 FY22. Net sales declined 10.8% YoY to Rs 622.84 crore in Q2 FY23.
The scrip was down 1.09% at Rs 448.55 on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app