Subsidiary AGICL doubles new order book to Rs 154 crore, total crosses Rs 400 crore
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AGSL's subsidiary AGICL secured new orders worth Rs. 154 crore in H1 FY 2026-27 versus Rs. 72 crore in the same period last year, a jump of about 214 percent. AGICL's total order book has now crossed Rs. 400 crore. New work spans highways, bridges, railways, and urban infrastructure from government clients like IDCO Odisha and West Central Railway. The orders will be executed over the next three years, giving multi-year revenue visibility.
Strong order inflows boost multi-year revenue visibility for the subsidiary. Positive for consolidated growth, though execution and margins will be watched.