Construction firm Capacit’e Infraprojects has received contract worth Rs 203 crores from Ashar ventures. The contract is for the construction of residential project Ashar Pulse, a 60 storied tower at Thane. Rahul Katyal, MD, Capacit’e, said, “Ashar Ventures have entrusted us to undertake their super highrise 60 storied tower project – Ashar pulse at Thane. We remain confident of delivering the project within the stipulated timelines and to client satisfaction.”
Earlier, the company had received contract worth Rs 695 crore order from Saifee Burhani Trust for the construction of core and shell work at sector 4 of SBUT project located at Ward C in Mumbai. Prior to that, it bagged an order worth Rs 117.20 crore from DLF for the construction of a mall in Goa.
Meanwhile, the company had reported a 15% increase in its consolidated net profit to Rs 22 crore during the September 2022 quarter on higher revenues.
