PSP Projects Secures Massive ₹17.64 Billion Order Book, Poised for Record Growth

PSP Projects Ltd has announced a staggering ₹17.64 billion worth of new work orders, signaling a transformative phase for the construction giant. The company's order book now includes high-profile projects like the ₹2.69 billion "SIBAN" residential tower in GIFT City and civil works for the "Himalaya" project in Sanand. With these additions, PSP Projects has surpassed its FY25 order inflow target of ₹35 billion, achieving ₹17.14 billion by October 2024. The company's management expects revenues to reach ₹25 billion in FY25, with a projected 60% growth to ₹40 billion in FY26, driven by large-scale projects and strategic partnerships.

 

Sources: ICICI Direct, CNBC TV18, PSP Projects Earnings Call Transcript