India’s leading construction, engineering, and infrastructure development company’s Stock is in focus as it jumped 4 percent following its reporting of securing an order worth Rs. 510 Crore
With a market capitalization of Rs. 1,489 Crore, the stock of B.L. Kashyap opened at Rs. 67.80, up 3.98 percent from yesterday’s close. The opening is also the day’s high for the stock. Additionally, the Yearly return for the stock is 1 percent, and the past 5-year return is an impressive 1,316 percent.
Order Update for a Housing Project
The company has secured an order from Fidatocity Homes Private Limited for the construction of a Residential Group housing project that has an approximate built-up area of 28.30 lakhs Sqft. The total Consideration of the order is Rs. 510 Crore (excluding GST), and the time period by which the order is to be executed is 33 months.
Financial Highlights
The company reported a 25.35 percent YoY decrease in revenue from Rs. 324 Crore in Q3FY24 to Rs. 241.86 Crore in Q3FY25. Again, on a QoQ basis, the company reported a decrease of 9.51 percent in revenue from Rs. 267.28 Crore in the previous quarter.
Their Net profit saw a decrease of 83.70 percent YoY from Rs. 6.91 Crore to Rs. 1.12 Crore for the same period. On a QoQ basis, the company reported a decrease of 88.05 percent in Net profit from Rs. 9.38 Crore in the previous quarter.
Established in 1978, Headquartered in New Delhi, B L Kashyap and Sons Limited (BLK) is one of India’s leading construction, engineering, and infrastructure development companies. BLK specializes in building large-scale projects across sectors like residential, commercial, IT parks, malls, hotels, hospitals, and institutional buildings. With decades of experience, BLK has executed projects for prominent names like Infosys, DLF, ITC, and Oberoi.
Written By Abhishek Das
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