Real Estate and Infrastructure Construction Area Company Fcons infrastructure limited (Afcons Infrastructure Ltd.) the largest private company in the country Reliance Industries Limited A new and big contract has been received from. An ambitious in Dahej, Gujarat led by Reliance Vinyl project But Facons will work, the estimated cost of which 700 crores rupees Is being told
Facons received contract on Reliance’s Vinyl Project in Dahej, Gujarat, likely to be completed by June 2026
Facons informed through an exchange filing that he was from Reliance Industries Letter of Award (Loa) have received. This contract Civil, Mechanical, Installation, Testing and Commissioning Has been given for the work to. The company said that work on the project is expected to be completed by June 2026.
Although the total amount of contract 700 crores rupees It has been fixed, but the final payment will be done on the basis of progress and actual expenditure. This contract is considered a major achievement for Facons, especially when the company is constantly improving its expansion and technical capacity.
The company’s profit decreased in the March quarter, but the increase in the whole year
Facons Infrastructure Limited has also announced its financial results for the quarter ended March 2025. The company’s net profit in this quarter 23.44 percent to Rs 110.93 crore While the figure was Rs 144.89 crore in the same quarter of the previous year.
Company Operational revenue Also declined to Rs 3,223.27 crore, which was Rs 3,636.43 crore in the quarter of a year ago. However, when we talk about the entire financial year 2024-25 8.24 percent gained With 486.81 crore net profit Entered, which was Rs 449.76 crore last year.
Dividend’s announcement and shares boom, good news for investors
The Board of Directors of the company for the financial year 2024-25 2.50 rupees per share Has approved the dividend. This decision is considered to be a news of relief for shareholders.
Facons Infrastructure shares on BSE on Friday Closed at Rs 435.05Which from the previous closed level of Rs 423.80 2.65 percent more Is. After this order received from Reliance, the company’s shares may see further fast in the upcoming sessions.
Company profile will be strengthened by partnership with Reliance
This agreement with a reputed company like Reliance Industries Facons Technical credit and engineering capacity Certifers Experts believe that the successful implementation of this project can provide even more large projects to Facons, which can increase the company’s performance and profit.