Monarch Surveyors Bags ₹2.02 Crore Southern Railway Project Management Mandate

Monarch Surveyors and Engineering Consultants has won a ₹2.02 crore project management services contract from Southern Railway for advanced pre and post tamping track measurements in the MSB–VM section with the help of a portable track geometry measurement trolley system. The 10-month domestic contract is anticipated to provide visibility of revenue and bolster the company's presence in the railway engineering services segment.

Monarch Surveyors and Engineering Consultants Limited has announced to the stock exchanges that it has been awarded a Letter of Acceptance from Southern Railway for project management services on the MSB–VM rail section. The work will be precision track measurement and design-mode tamping, marking a niche but high-value engineering engagement in India's railway infrastructure space.  

Project Scope And Technical Mandate

Contract value and duration.

Strategic Impact On Business

Key Highlights  

• Southern Railway Letter of Acceptance for project management services.  
• Pre and post tamping track measurements on a specialised system (Gedo Survey system)  
• The order value is ₹2.02 crore with cash consideration structure.  
• Subject to approvals, the project is expected to be completed within 10 months of LoA date.  
• Management anticipates that this will have a positive effect on the overall business operations and visibility.  
  
  

Sources: Company Disclosure to the Stock Exchange