Intimation for New Orders totaling Rs. 19.19 Crores
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Desco Infratech has confirmed new orders totalling Rs. 19.19 crores (Rs. 19,18,83,978.30 inclusive of GST) from three clients: Bharat Petroleum Corporation Limited (BPCL), GAIL Gas Limited and Torrent Gas Limited. The work involves last mile connectivity (LMC) and Direct Marketing Services (DMA) for city gas distribution in Karnataka, along with operations and maintenance of PE-PNG work in Rajasthan. All orders are domestic and are not related party transactions. The company has not disclosed timelines for execution or the revenue base against which this order can be benchmarked.
For a small-cap infrastructure company, Rs. 19.19 crore in fresh orders from marquee gas-sector clients (BPCL, GAIL, Torrent Gas) is a positive signal, supporting order book visibility. Shareholders should watch for execution timelines and revenue conversion in coming quarters to gauge actual earnings impact.