Deals2 Jul 2024, 05:01 pm
Brahmaputra Infrastructure's Consolidated Order Book at Rs. 1200 Crores as of 30th June 2024
AI Summary
Brahmaputra Infrastructure Limited has announced a consolidated order book of approximately Rs. 1200.00 Crores as of 30th June 2024. The company is continuously bidding for new tenders from State, Central Government, and private parties. The momentum from FY 2023-24 has continued into the first quarter of FY 2024-25, with projects executing at a fast pace. The company is working on releasing pending bank guarantees and utilizing them for new bidding projects and arbitration cases. As of 30th June 2024, the company has arbitration awards worth Rs. 71.51 Crores, with approximately Rs. 250.00 Crores in ongoing arbitration and other claims.
Key Highlights
- Consolidated order book of Rs. 1200.00 Crores as of 30th June 2024
- Continuous bidding for new tenders from State, Central Government, and private parties
- Ongoing projects executing at a fast pace in Q1 FY 2024-25
- Working on releasing pending bank guarantees and utilizing them for new bidding projects and arbitration cases
- Arbitration awards worth Rs. 71.51 Crores as of 30th June 2024 and approximately Rs. 250.00 Crores in ongoing arbitration and other claims