EMS added 3.26% to Rs 825.65 after the company has received letter of award (LoA) worth Rs 105.08 crore from Deltabulk Shipping India to develop Multimodal Logistics Park (MMLP).
The contract includes development, operation and maintenance of the Multimodal Logistics Park (MMLP) at Sindi, Nagpur, Maharashtra under design, build, finance, operate and transfer (DBFOT) Basis.The said project is part of PM Gati Shakti National Master Plan for multi-modal connectivity, for integrated planning and coordinated implementation of infrastructure connectivity projects. As part of this, NHAI has signed an agreement with DC Multi Modal Park (Nagpur), a SPV of DeltaBulk Shipping India.
The said order will be completed within 8 months.
EMS is a multi-disciplinary EPC company, headquartered in Delhi that specializes in providing turnkey services in water and wastewater collection, treatment and disposal.
The company's consolidated net profit rose 9.7% to Rs 49.65 crore on 10.9% increase in revenue from operations to Rs 233.47 crore in Q2 FY25 over Q2 FY24.
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