Shares of BL Kashyap and Sons Limited on Monday (July 21) ended over 5% higher as the company announced that it has received a letter of intent (LoI) for the construction of a civil structure in the contract valued at ₹910 crore (excluding GST).
The contract is for the construction of a civil structure for residential towers, including associated non-tower areas, community building, among others, according to a stock exchange filing. BL Kashyap has to complete the order in approximately 36 months.
On July 18, the company received a work order valued at ₹157.26 crore (excluding GST) from Manyata Promoters Private Limited. 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 (Q4FY25), marking an 18.6% increase from ₹250.75 crore in the previous quarter, though down from ₹348.78 crore in Q4FY24.
Also Read: Construction firm BL Kashyap bags 2 orders worth ₹1,021 crore from DLF City, Sattva Homes
Despite the sequential revenue growth, 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, sharply lower than ₹30.31 crore in Q4FY24. The operating margins stood at 5.34%, 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.
Shares of BL Kashyap and Sons Ltd ended at ₹72.2, up by ₹3.69, or 5.39%, on the BSE. The stock has grown by over 12% in the last month.
