STOCKWATCH
·
Civil Construction
Deals12 May 2025, 03:09 pm

Desco Infratech Secures Rs. 40.77 Crores in New Orders from IOCL, BPCL, and Torrent Gas

AI Summary

Desco Infratech Ltd has announced the receipt of confirmed new orders totaling Rs. 40.77 crores from Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Torrent Gas Limited. The orders are for Last mile connectivity (LMC) & Direct Marketing Services (DMA) activity & associated works for CGD (city gas distribution) in Andhra Pradesh, Telangana & Tamilnadu. This represents a significant 64% of the company's revenue for FY 25.

Key Highlights

  • Desco Infratech has secured new orders worth Rs. 40.77 crores from IOCL, BPCL, and Torrent Gas Limited
  • The orders are for Last mile connectivity (LMC) & Direct Marketing Services (DMA) activity & associated works for CGD in Andhra Pradesh, Telangana & Tamilnadu
  • This represents a 64% increase in the company's revenue for FY 25
  • The orders are from domestic entities
  • Desco Infratech is an ISO 9001:2015 Co. (Formerly Desco Infratech Pvt Ltd) with CIN No. U45201GJ2011PLC063710
DESCO
Civil Construction
Desco Infratech Ltd

Price Impact