Dilip Buildcon sparkles on winning new order
DSIJ Intelligence / 18 Nov 2016
Dilip Buildcon (DBL)-DECO (A Joint venture of the Company) has won a project from Northern Coalfields, Madhya Pradesh.
Dilip Buildcon (DBL)-DECO (A Joint venture of the Company) has won a project from Northern Coalfields, Madhya Pradesh. The company will participate in excavation overburden of first dig (solid) & re-handling by Mechanical Means at Specified Places at NIGAHI OCP of NCL.
DBL’s project cost would be Rs 1469.84 crore having average lead 5 Km and Quantity (BCM) completion 132460000 (the Project).
On the financial front, DBL’s revenue has increased by 20.21 per cent to Rs 1042 crore in Q1FY17 as compared to same period in previous financial year. The company’s EBITDA has declined by 1.23 per cent to Rs 205 crore in Q1FY17 on a yearly basis. Its net profit has dropped by 34.9 to Rs 207 crore in Q1FY17 as compared to same period in previous fiscal. DBL has order book of Rs 11250 crore as of June 2016.
The share price of DBL increased by 1.88 per cent on bourses; and is trading at Rs 205.5 on an intraday basis.
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