Bhopal-based Dilip Buildcon on Saturday, August 2, announced that its joint venture with RBL Bank has been declared one of the lowest (L1) bidders for a railway construction project worth ₹1503.6 crore issued by Gurugram Metro Rail.The project involves the construction of a viaduct and 14 elevated stations from Millennium City Centre to Sector 9 to Dwarka Expressway (1.85 km) and a ramp to the depot at Sector 33. In addition, the JV will have to build the underpass at Bhaktawar Chowk, excluding PEB and architectural finishing works of Gurugram Metro Corridor between Millennium City Centre and Cyber City (26.65 Km).
Lastly, the company will construct a spur, permeable structures, from Basai village to Dwarka Expressway (1.85 Km) with a total of 27 stations, under the contract. The project is to be executed within 30 months, that is, two and a half years.
On July 29, Dilip Buildcon reported a 93.6% year-on-year jump in consolidated net profit to ₹271 crore for Q1 FY26, supported by improved margins and an exceptional gain of ₹169.3 crore. The EBITDA grew 8.7% to ₹520 crore, while the EBITDA margin rose sharply to 19.8% from 15.2% last year.However, revenue declined 16.4% year-on-year to ₹2,620 crore, reflecting the broader slowdown in EPC (engineering, procurement, and construction) ordering activity.
Lastly, the company will construct a spur, permeable structures, from Basai village to Dwarka Expressway (1.85 Km) with a total of 27 stations, under the contract. The project is to be executed within 30 months, that is, two and a half years.
On July 29, Dilip Buildcon reported a 93.6% year-on-year jump in consolidated net profit to ₹271 crore for Q1 FY26, supported by improved margins and an exceptional gain of ₹169.3 crore. The EBITDA grew 8.7% to ₹520 crore, while the EBITDA margin rose sharply to 19.8% from 15.2% last year.However, revenue declined 16.4% year-on-year to ₹2,620 crore, reflecting the broader slowdown in EPC (engineering, procurement, and construction) ordering activity.
Dilip Buildcon’s order book stood at ₹13,695 crore as of June 30, 2025. Roads and highways made up 17.8% of the order book, while mining contributed the largest share at 28.9%. Irrigation, tunnels, water supply, optical fibre, urban development, bridges, and metro projects accounted for the rest.
MD & CEO Devendra Jain noted that while headwinds in the EPC segment persist, the company’s coal mining and road projects under the Hybrid Annuity Model (HAM) helped offset the softness.
Shares of the company closed 4.8% down at ₹458 on the BSE on August 1, Friday.
