Ahluwalia Contracts Bags Twin Orders Worth Over Rs 11 Billion

Image Source : Business Standard

Ahluwalia Contracts (India) Ltd has secured two major orders amounting to a combined Rs 11.04 billion, including a significant deal from Nestled Haven Estates, marking a substantial boost to its construction order book.

Order Breakdown

* Received an order worth Rs 2.83 billion from Nestled Haven Estates

* Secured a separate, larger contract valued at Rs 8.21 billion

* The orders span construction and infrastructure-related works, underscoring the company’s strong project execution credentials

Strategic Significance

* These wins significantly enhance Ahluwalia Contracts' total order inflow for the current financial year

* Reinforces the company's growing footprint in large-scale real estate and infrastructure development

* Could lead to improved revenue visibility and operational scalability in upcoming quarters

Market Outlook

* The dual contracts are likely to strengthen investor confidence in the company's growth trajectory

* Positions Ahluwalia Contracts favorably in the competitive construction and engineering services space

About Ahluwalia Contracts (India) Ltd

Ahluwalia Contracts is a leading Indian engineering, procurement, and construction (EPC) company specializing in building infrastructure projects across commercial, residential, institutional, and industrial segments.

Sources: Reuters