Dilip Buildcon Ltd Share Price – NSE  /  BSE

Infrastructure Developers & Operators, Small Cap

Dilip Buildcon has transferred 51% equity shareholding of Pathrapali Kathgora Highways (HAM project SPV) to Shrem InvIT (Purchaser) on 03 July 2024.

The company has received Rs 37.52 crore as cash consideration against transfer of 51% shareholding in Pathrapali Kathgora Highways.

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Dilip Buildcon announced that the project “Construction of Gorakhpur Link Expressway (Package II) from Fulwaria (Dist. Ambedkar Nagar) to Salarapur (Dist. Azamgarh) (Km 47+500 to km 90+535) in the state of Uttar Pradesh on EPC Basis.” has been provisionally completed. The Provisional Completion Certificate has been issued by the authority and had declared the project fit for entry into commercial operation as on 09 May 2024. wa

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Dilip Buildcon announced that the Board of Directors of the Company at its meeting held on 10 May 2024, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net profit of Dilip Buildcon reported to Rs 5.34 crore in the quarter ended March 2024 as against net loss of Rs 73.16 crore during the previous quarter ended March 2023. Sales rose 18.46% to Rs 3365.62 crore in the quarter ended March 2024 as against Rs 2841.05 crore during the previous quarter ended March 2023.

For the full year,net profit rose 20542.55% to Rs 194.04 crore in the year ended March 2024 as against Rs 0.94 crore during the previous year ended March 2023. Sales rose 12.86% to Rs 12011.90 crore in the year ended March 2024 as against Rs 10643.64 crore during the previous year ended March 2023.

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