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Dilip Buildcon consolidated Q4 profit more than doubles to Rs 191 cr

The company had clocked a profit of Rs 84.09 crore during the corresponding period of 2018-19

Highways builder, Dilip Buildcon, National Highways Authority of India, NHAI

Highways builder Dilip Buildcon reported more than doubling of its consolidated profit to Rs 190.97 crore for the March quarter.

The company had clocked a profit of Rs 84.09 crore during the corresponding period of 2018-19, it said in a BSE filing.

Total consolidated income during the quarter under review rose to Rs 2,740 crore as against Rs 2,589.8 crore in the year-ago period.

Total consolidated expenses also climbed to Rs 2,548.6 crore from Rs 2,488.2 crore earlier.

The company, in an investors' presentation, said its total order book for FY20 stood at Rs 19,081.6 crore. As of March 31, 2020, over 63% of the orders pertained to the highways sector, while irrigation constituted around 7%.

Of the total orders, 68% were bagged from the government, including 45% from the National Highways Authority of India (NHAI).

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