BL Kashyap & Sons Reports Standalone Revenue of ₹247.14 Crore in Q3 of FY25

New Delhi, February 7, 2025: Civil engineering and construction company BL Kashyap & Sons Limited have recorded standalone revenue of INR 247.14 crore and PAT of INR 0.94 crore in their financial results for the third quarter of the fiscal year 2024-25. Consolidated revenue stood at INR 882.41 crore and PAT at INR 30.74 crore for nine months ended on December 31, 2024.

In Q2 FY25, the company recorded standalone revenue of INR 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, Managing Director, B L Kashyap & Sons Ltd, Vineet Kashyap 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 INR 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 INR 250 crore during the third quarter of FY2025. The company received prestigious order from Anant Raj Limited. The order book stood at INR 3,311 crore as of nine months ended on 31st December 2024 as compared to INR 3,276 crore for the previous corresponding period.