Markolines secures BMC highway work orders worth ₹135.20 crore
MARKOLINES · price
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Markolines received two Brihanmumbai Municipal Corporation work orders totaling ₹135.20 crore, including GST. The Eastern Express Highway order is worth ₹63.23 crore for microsurfacing and resurfacing, while the Western Express Highway order is worth ₹71.97 crore for main-carriageway microsurfacing. The company said its unexecuted order book reached ₹624.22 crore.
The orders improve business visibility and may support revenue growth, but execution, costs and margins will determine the benefit to shareholders.