V.L. Infraprojects Surpasses ₹150 Crore Revenue with Robust Growth in FY26
V.L. Infraprojects Limited reports strong FY26 financial performance, crossing ₹150 crore in revenue. The company showcases significant growth in profitability with enhanced project execution capabilities and new order wins, strengthening its position in India's water infrastructure sector.
Ahmedabad's V.L. Infraprojects Limited, listed on NSE Emerge in July 2024, has achieved a significant milestone by surpassing the ₹150 crore revenue mark for FY26, a growth of 23.76%. The engineering and construction company, focusing on water supply, sewerage, and irrigation infrastructure, reported a net profit of ₹8.42 crore for the year.
Chairman and Managing Director Rajagopal Reddy Annam Reddy highlighted the company's robust execution of ongoing projects and new order wins, underlining the favorable outlook for the water infrastructure sector in India. Key government initiatives like Jal Jeevan Mission and AMRUT promise continued opportunity, bolstering V.L. Infraprojects' strategic growth.
The company secured new contracts, including a joint venture order worth ₹74.44 crore for Gujarat Water Infrastructure Limited and a ₹42.12 crore contract for Dahod's Hadaf Regional Water Supply Scheme. These projects set V.L. Infraprojects on a path for future expansion and sustained success in the coming fiscal year.
ALSO READ
-
Elderly Man Falls Prey to Elaborate 'Digital Arrest' Scam in Gujarat
-
Gujarat's Cybercrime Offensive: Breaking Down Operation Mule Hunt 1.0
-
RCB Triumphs Over Gujarat Titans in IPL 2026 Final Despite Weather Woes
-
Gujarat Titans Misjudge Pitch, Fall Short in IPL Final Against RCB
-
Gujarat Titans Bus Evacuation After Short Circuit Mishap
Google News