B L Kashyap & Sons Q1 Consolidated Revenue up 38% PAT up 103.31% YoY, Q1 Order Book at Rs 3198 cr

Delhi, August 14, 2024: B L Kashyap & Sons Limited released its financial performance for the first quarter of the fiscal 2024-25. In Q1FY25, the company achieved a consolidated revenue of Rs. 352.71 crore and PAT of Rs. 20.25 crore as compared to Rs. 255.44 crore in revenue and Rs. 9.96 crore in PAT for Q1FY24 reporting a significant 38.08% rise in consolidated revenue and 103.31% increase in PAT respectively. During the preceding quarter of Q4FY24, the consolidated revenue stood at Rs. 348.78 crore and PAT amounted to Rs. 23.66 crore.

The order book stood at Rs. 3545 crore as on 30th June 2024 as against Rs.2846 crore for the year ended March 31, 2024 recording a jump of almost 25%. The company received prestigious orders worth Rs. 1021 crore during the quarter from from DLF City Centre Ltd and Sattva Homes Private Limited.

Commenting on the results, Vineet Kashyap, Managing Director, B L Kashyap & Sons Ltd. said, “We are delighted to announce a remarkable increase in our consolidated revenue and PAT for Q1 FY25. This exceptional growth reflects our ongoing commitment to excellence and strategic execution. It’s also a testament to our commendable efforts in getting prestigious orders and taking advantage of the expanding opportunities in the infrastructure sector. The significant rise in our order book underscores our strong market position, while the government’s focus on infrastructure development continues to drive positive momentum. We remain committed to leveraging these opportunities to deliver sustained value for our stakeholders.”

Kashyap further added that “”We remain committed to achieving our FY2024-25 targets, including a 35% increase in revenue and double-digit margin growth. Looking ahead, we are optimistic about reaching an order book of approximately Rs. 4,500-5,000 crore for FY2025-26 as we continue to engage new clients through our proven funnel approach.”