Don't want to miss the best from Business Standard?
AVP Infracon announced that it has received a letter of acceptance (LoA) worth Rs 21 crore from Arun Kumar, AM Grand Associates, for the construction of a cold storage facility and warehouse on a turnkey basis at Suriyur, Trichy.
The order value is approximately Rs 21 crore, with a completion timeline of 10 months.AVP Infracon is engaged in the construction of road projects based on Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) methods. The company undertakes various types of infrastructure development and construction works, including expressways, national highways, flyovers, bridges, and other projects.
On a full-year basis, the company consolidated net profit jumped 54.9% to Rs 18.67 crore on a 39.9% rise in net sales to Rs 160.87 crore in FY24 over FY23.
Shares of AVP Infracon fell 2.88% to Rs 155 on the NSE.
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