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BSEARSS Infrastructure Projects LtdHighPositive
Announced Fri, 23 Oct, 2026 · 17:05 IST

Railway JV wins Rs 239.60 crore doubling contract

Govt Defence OrderBusiness Updates View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

ARSS Infrastructure Projects said ARSS SCPL JV received a domestic work order from East Central Railway for constructing a 29.5 km railway doubling section in Dhanbad. The order is worth Rs 239.60 crore and is to be executed within 730 days from the appointed date. It is not a related-party transaction.

Likely market impact

The large government railway order may improve the joint venture's revenue visibility, but profit and cash flow depend on costs, execution and payments.