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B L Kashyap & Sons Limited (BSE: 532719 NSE: BLKASHYAP) has reported strong financial results for Q2 FY2024-25, with standalone revenue of INR 275.67 crore and PAT of INR 10.87 crore. Consolidated revenue for the half-year ending 30th September 2024 rose by 8.33% to INR 631.66 crore, while PAT grew by 34.97% to INR 29.63 crore. The company secured INR 381 crore in new orders during Q2 FY2025 and recorded an 18% growth in its order book, reaching INR 3,546 crore. The company remains focused on pursuing high-margin projects and expanding into key sectors like residential, railway infrastructure, and healthcare.
B L Kashyap & Sons Limited, a prominent Civil Engineering and Construction Company, has announced its financial results for the second quarter of FY2024-25. In Q2 FY25, the company reported standalone revenue of INR 275.67 crore and PAT of INR 10.87 crore. For the half-year ending 30th September 2024, consolidated revenue increased by 8.33%, from INR 583.08 crore to INR 631.66 crore, while PAT rose by 34.97%, from INR 21.95 crore to INR 29.63 crore, compared to the same period last year. Advertisement
Commenting on the results, Mr. Vineet Kashyap, Managing Director of B L Kashyap & Sons Ltd., said, "We are pleased with the steady progress reflected in our Q2FY25 results, showcasing our commitment to delivering strong performance in a challenging market environment including shortage of skilled and unskilled labour. Our strategic focus on operational efficiency and quality execution has been instrumental in driving consistent growth and resilience. We continue to actively pursue high-margin projects with reputable clients who value quality and reliability, including a number of residential projects.
To drive robust turnover and sustain a high growth trajectory, we are targeting an order book of INR 3,500 - 4,000 crore by April 1, 2025. The company will continue its strategic, funnel-based approach to acquire new clients. We see significant opportunities across key sectors, including residential, railway infrastructure, blue chip private developers, and emerging markets such as Pune and Hyderabad. Additionally, we aim to expand in the hospital sector and composite steel structures, supported by partnerships with JSSL, JSW, and JSPL. As we look forward, we remain committed to enhancing value for our stakeholders through continued innovation, sustainable practices, and excellence in project delivery."
During Q2 FY2025, the company secured total orders worth INR 381 crore. Two notable orders were received from Suruchi Properties Pvt. Ltd. (a group company of Century Real Estate Holdings) and SSS Realty & Co., both based in Bengaluru. As of the half-year ended 30th September 2024, the order book stood at INR 3,546 crore, marking an 18% increase from INR 3,005 crore in the same period last year.
The government sector, which includes commercial, infrastructure/industrial, and institutional projects, accounts for approximately 13.38% of the total order book, while the private sector makes up 86.62%. The top three states in terms of geographical distribution are Haryana (38.91%), Karnataka (36.42%), and Delhi (11.59%).
B L Kashyap & Sons Ltd. (BLK) is a leading Engineering, Procurement, and Construction (EPC) company with a presence in 12 cities across 8 states in India. With over three decades of experience, BLK has successfully completed over 250 projects covering more than 140 million sq. ft. The company's diverse portfolio includes IT campuses, commercial spaces, malls, hotels, residential complexes, institutions, factories, manufacturing facilities, healthcare, and transportation projects. BLK employs a strong workforce of more than 1,200 engineers and professionals.
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