In Q1 FY 2018-19
High Ground Enterprise has received a order worth Rs 25.02 crore from Shapoorji Pallonji & Group Companies in the first quarter of this year FY 18-19.The company had bagged orders worth Rs 73.26 crore from Shapoorji Pallonji & Group Companies in the last FY17-18 for Infrastructural development work across various states in India.
In the previous financial year 2017-18, the Company has successfully executed the work order aggregating to Rs. 47.7 crore as per the terms of the contract and the remaining being in process this year. This contract has boosted the growth of the Company in the EPCM sector and has resulted in overall profitability of the Company.
Pursuant to this extension of contract the overall contract amount with the group has reached to Rs. 100 crore.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
