SRM Contractors Ltd Share Price – NSE /  BSE

Infrastructure Developers & Operators, Small Cap

The project involves long-term rectification work on NH 151 (Jetpur-Somnath) in Gujarat. This includes the construction of a vehicle underpass (VUP) at Sornath Junction, a flyover at Keshod Junction, a flyover and left underpass (LVUP) at Gadu Location and a service road at Santipara Patiya.

This project will be executed under the engineering, procurement, and construction (EPC) model.

SRM Contractors is an engineering construction and development company undertaking construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in hilly, challenging and difficult terrains and geography such as the Union Territories of Jammu & Kashmir and Ladakh. It executes construction both as an EPC contractor and on an item rate basis for infrastructure projects.

The company's consolidated net profit declined 19.64% to Rs 10.35 crore on a 11.70% fall in revenue to Rs 95.25 crore in Q2 FY25 as compared with Q2 FY24.

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SRM Contractors will hold a meeting of the Board of Directors of the Company on 19 December 2024.

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Net profit of SRM Contractors declined 19.64% to Rs 10.35 crore in the quarter ended September 2024 as against Rs 12.88 crore during the previous quarter ended September 2023. Sales declined 11.70% to Rs 95.25 crore in the quarter ended September 2024 as against Rs 107.87 crore during the previous quarter ended September 2023.

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SRM Contractors will hold a meeting of the Board of Directors of the Company on 14 November 2024

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