B L Kashyap & Sons Limited Q2 Results: Profit reported at Rs 10 crore, revenue Rs 275 crore
civil engineering and construction company, recorded revenue of Rs 275.67 crore and net profit of Rs. 10.87 crore for the second quarter of the fiscal year 2024 — 25.
“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,” said Vineet Kashyap, Managing Director, B L Kashyap & Sons.
The company is targeting an order book of Rs. 3,500 -Rs 4,000 crore by April 1, 2025. “We 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,” he said.
BL Kashyap has been awarded total orders to the tune of Rs. 381 crore during the second quarter of FY2025 and received two prestigious orders from Suruchi Properties,(a group company of Century Real Estate Holdings and SSS Realty & Co, in Bengaluru. Currently, the order book stood at Rs. 3546 crore as of
