IVRCL bags Rs 639-crore orders

Multiple orders for road and drain development in Karnataka, MP, and along the east coast railway

IVRCL Ltd today said its transportation and building divisions have bagged orders worth nearly Rs 639 crore.

According to a press release issued by the company, its Transportation Division bagged orders worth Rs 445.54 crore.

The orders include Road and Drain improvement works in Karnataka, construction and upgradation of road in Madhya Pradesh and Construction of roadbed, station buildings and passenger amenities for east coast railway, the release said.

The Building Division secured orders worth Rs 183.61 crore. The works include construction of secondary technical school in Umm Al Quwain in UAE and construction on integrated office building for Isro in New Delhi, the release added.
 

According to the release, remaining orders worth around Rs 10 crore pertain to various other miscellaneous work.

Shares of IVRCL are quoted at Rs 19.35 apiece on the BSE during afternoon trade.