Delhi…February 8, 2025 : B L Kashyap &
Sons Limited (BSE: 532719 NSE: BLKASHYAP), a leading Civil Engineering and
Construction Company announced their financial results for the third quarter of
the fiscal year 2024 - 25. In Q3FY25, the
company recorded standalone revenue of INR 247.14 crore and PAT of INR
0.94 crore whereas the consolidated revenue stood at INR 882.41 crore and PAT
at INR 30.74 crore for nine months ended on 31st December 2024.
In Q2 FY25, the company recorded standalone
revenue of Rs. 275.67 crore and PAT of Rs. 10.87
crore whereas Q3FY24 reported revenue of INR 322.99 crore and PAT of INR 8.87
crore. During the nine months ended on 31st December 2023, consolidated revenue
was INR 907.98 crore and PAT of INR 28.86 crore.
Commenting on the Q3FY25 financial
results, Mr. Vineet Kashyap, Managing Director, B L Kashyap & Sons Ltd. said, "Despite facing challenges such as
skilled labour shortages, project closures due to NGT in NCR and other issues,
and cash flow constraints in Q2FY25, we have taken strategic steps to mitigate
these hurdles and drive sustainable growth. We are actively bidding for larger
government and private projects. With our CRISIL rating upgraded from B- to B+,
we are strengthening our position by targeting high-trust, high-margin
projects, expanding into new markets like Pune and Hyderabad, and focusing on
promising sectors such as residential, railway infrastructure, and hospitals.
Investments in execution capabilities, mid and senior-level hiring, and
technology-driven process enhancements, and ERP upgrades, are reinforcing our
operational efficiency.
We remain on track to achieve our FY 2024-25
revenue target backed by an order book of ₹3,500-4,000 crore as of April 1, 2025. With a
structured approach to tendering, strengthened execution capabilities, and a
relentless focus on quality and safety, we are confident in our ability to
sustain momentum and capitalise on emerging opportunities."
The company has been awarded total orders to the tune of Rs. 250
crore during the third quarter of FY2025. The company received prestigious
order from from Anant Raj Limited. The order book stood at Rs. 3311 crore as of
nine months ended on 31st December 2024 as compared to Rs. 3276 crore for the
previous corresponding period.
The government sector which includes commercial,
infrastructure/industrial and institutional contributes to about 13% and the private sector constitutes 87% of the total order book. The top three
states as per the geographical mix are Haryana - 45.35%, Karnataka - 34%, and
Delhi - 10.11%.
About B L Kashyap:
B L Kashyap & Sons Ltd. (BLK) is one of the leading
Engineering, Procurement and Construction (EPC) Company. The company has a
presence in 12 cities across 8 states in India. With Three decades of
expertise, BLK has completed over 250 projects and more than 140 million sq.
ft. The portfolio spread includes IT Campuses, Commercial Spaces, Malls,
Hotels, Residential Complexes, Institutions, Factories and Manufacturing
Facilities, Healthcare and Transportation. BLK has a strong workforce of 1200+
engineers & professionals.
For further information on the company: www.blkashyap.com
For further media queries, please contact:
Sonia Kulkarni | 9820184099