Globe Civil Projects' Order Book Soars Over Rs 1,000 Crore, Marks New Era
EPC player Globe Civil Projects announced that its consolidated order book has surpassed the Rs 1,000-crore mark. This diversified portfolio includes institutional, healthcare, and government infrastructure projects. The company recently entered the sports infrastructure sector with a Rs 222.20 crore project in Haryana.
- Country:
- India
Globe Civil Projects, a major EPC player, announced a milestone achievement as its consolidated order book topped the Rs 1,000-crore mark. This leap reflects the company's strategic diversification across various sectors, including institutional, healthcare, and government infrastructure, further cementing its strong market presence.
Company Chairman Ved Prakash Khurana highlighted the advantage of having nearly 90% of its portfolio funded by central government projects, ensuring robust cash flow visibility and minimized working capital risks. This achievement strategically positions Globe Civil Projects to leverage India's booming infrastructure landscape and deliver sustained value for stakeholders.
In a strategic expansion, Globe Civil Projects is stepping into the sports infrastructure domain, having secured a significant Rs 222.20-crore contract in Haryana. This venture aligns with the company’s broader growth ambitions in diverse infrastructural and non-infrastructural projects nationwide.
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