News

BL Kashyap bags ₹157 crore Embassy Manyata Business Park contractThe project involves civil and structural works for a commercial office building at Embassy Manyata Business Park. The order is expected to be executed over approximately 16 months. Shares of BL Kashyap and Sons Ltd ended at ₹68.53, down by ₹0.32, or 0.46%, on the BSE.By Jomy Jos Pullokaran   July 18, 2025, 6:55:14 PM IST (Published)2 Min ReadBL Kashyap and Sons Limited on Friday (July 18) announced the receipt of a new work order valued at ₹157.26 crore (excluding GST) from Manyata Promoters Private Limited.

The project involves civil and structural works for a commercial office building at Embassy Manyata Business Park. The order is expected to be executed over approximately 16 months.

Fourth Quarter Results

BL Kashyap and Sons reported a consolidated revenue of ₹297.35 crore for the quarter ended March 31, 2025 (Q4 FY25), marking an 18.6% increase from ₹250.75 crore in the previous quarter, though down from ₹348.78 crore in Q4 FY24.

Also Read: Construction firm BL Kashyap bags 2 orders worth ₹1,021 crore from DLF City, Sattva Homes

Despite the sequential growth in revenue, the company posted a net loss of ₹3.26 crore for the quarter, compared to a net profit of ₹23.66 crore in the same period last year.

Operating profit (EBITDA) stood at ₹15.70 crore, with margins at 5.34%, sharply lower than ₹30.31 crore in Q4 FY24. The decline in profitability was attributed to rising input costs and margin pressure, which offset the revenue gains.

While the quarter ended in the red, BL Kashyap closed FY25 with a strong order book exceeding ₹3,000 crore, providing a healthy execution pipeline for the coming fiscal.

Also Read: BL Kashyap adds to order book with new ₹221-crore contract in Bengaluru

Shares of B L Kashyap and Sons Ltd ended at ₹68.53, down by ₹0.32, or 0.46%, on the BSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBL Kashyap and Sonsshare market today