Key Highlights:
- For the half-year ended 30th September 2024, consolidated revenue rose by 8.33%, from INR 583.08 crore to INR 631.66 crore, while PAT increased by 34.97% from INR 21.95 crore to INR 29.63 crore, compared to the same period last year
- The company has been awarded total orders to the tune of Rs. 381 crore during the second quarter of FY2025
- The order book stood at Rs. 3546 crore as of half year ended on 30th September 2024 recording a jump of over 18% over Rs. 3005 crore as compared to the previous corresponding period
Delhi November 12, 2024, B L Kashyap & Sons Limited (BSE: 532719 NSE: BLKASHYAP), one of the leading Civil Engineering and Construction Company announced their financial results for the second quarter of the fiscal year 2024 – 25. In Q2 FY25, the company recorded standalone revenue of Rs. 275.67 crore and PAT of Rs. 10.87 crore. For the half-year ended 30th September 2024, consolidated revenue rose by 8.33%, from INR 583.08 crore to INR 631.66 crore, while PAT increased by 34.97% from INR 21.95 crore to INR 29.63 crore, compared to the same period last year.
Commenting on the results, Mr. Vineet Kashyap, Managing Director, B L Kashyap & Sons Ltd. said, “We are pleased with the steady progress reflected in our Q2FY25 results, showcasing our commitment to delivering strong performance in a challenging market environment including shortage of skilled and unskilled labour. Our strategic focus on operational efficiency and quality execution has been instrumental in driving consistent growth and resilience. We continue to actively pursue high-margin projects with reputable clients who value quality and reliability, including a number of residential projects.
To drive robust turnover and sustain a high growth trajectory, we are targeting an order book of Rs. 3,500 – 4,000 crore by April 1, 2025. The company will continue its strategic, funnel-based approach to acquire new clients. We see significant opportunities across key sectors, including residential, railway infrastructure, blue chip private developers, and emerging markets such as Pune and Hyderabad. Additionally, we aim to expand in the hospital sector and composite steel structures, supported by partnerships with JSSL, JSW, and JSPL. As we look forward, we remain committed to enhancing value for our stakeholders through continued innovation, sustainable practices, and excellence in project delivery.”
The company has been awarded total orders to the tune of Rs. 381 crore during the second quarter of FY2025. The company received two prestigious orders from Suruchi Properties Pvt. Ltd. (a group company of Century Real Estate Holdings) and SSS Realty & Co. Both projects are based in Bengaluru. The order book stood at Rs. 3546 crore as of half year ended on 30th September 2024 recording a jump of over 18% over Rs. 3005 crore as compared to the previous corresponding period.
The government sector which includes commercial, infrastructure/industrial and institutional contributes to about 13.38% and the private sector constitutes 86.62% of the total order book of INR 3912.82 crore. The top three states as per the geographical mix are Haryana – 38.91%, Karnataka – 36.42%, and Delhi – 11.59%.
About B L Kashyap:
B L Kashyap & Sons Ltd. (BLK) is one of the leading Engineering, Procurement and Construction (EPC) Company. The company has a presence in 12 cities across 8 states in India. With Three decades of expertise, BLK has completed over 250 projects and more than 140 million sq. ft. The portfolio spread includes IT Campuses, Commercial Spaces, Malls, Hotels, Residential Complexes, Institutions, Factories and Manufacturing Facilities, Healthcare and Transportation. BLK has a strong workforce of 1200+ engineers & professionals.
For further information on the company: www.blkashyap.com
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