Tag
Construction
25 articles
Construction sector activity is marked by a mix of legal resolutions, project wins, and strategic shifts. Univastu India reported a significant 174% year-over-year revenue surge in Q4, alongside a robust order book indicating strong future growth, while Indian Hume Pipe secured a substantial ₹738.61 crore water supply project in Rajasthan. Conversely, Punj Lloyd faces legal challenges as the Supreme Court addresses an appeal, and Purohit Construction is grappling with a ₹4.16 crore GST demand. These developments highlight both the growth potential and ongoing risks within the sector, suggesting investors should closely monitor order inflows and legal outcomes as key indicators.
BST Infratech Wins Rs 64L Settlement
High Court settled dispute between BST Infratech Ltd and Gammon Engineers & Contractors Pvt Ltd for Rs 64 lakh.
Parties agreed to three instalments: Rs 20 L on 15 July, Rs 20 L on 16 August, Rs 24 L o
Dilip Construction Ordered to Complete Vehicle Confiscation
The High Court of Odisha disposed of the writ petition at admission stage, directing the Assistant Conservator of Forest to finalize confiscation.
The confiscation proceeding (OR No.02d of 2023-24) co
Hirji Jadva Varsani Appeal Dismissed, Rs 35,096 Awarded
The Gujarat High Court dismissed the appellant's First Appeal, upholding the trial court's decree of Rs 35,096 with 6% interest.
The appeal was heard ex parte as the defendant’s counsel failed to appe
NICMAR Holds Nav-Nirmaan Finale, INR 30L Prize
NICMAR concluded the inaugural Bharat Nav‑Nirmaan Challenge 2025‑26, engaging over 20,000 students from more than 500 institutions nationwide.
The Mumbai finale featured winners from IIT Delhi, Venkat
Univastu Q4 Revenue Surges 174% YoY to ₹109 Cr
Univastu India held a Q4 FY26 earnings call to discuss audited results, featuring management commentary from its Chairman and CFO.
The company reported explosive growth with Q4 revenue at ₹109.44 Cr (
Indian Hume Pipe Secures ₹738.61 Crore Rajasthan Water Project
The Indian Hume Pipe Company received a ₹738.61 crore work order from the Rajasthan government's PHED for a water supply project.
The design and build contract covers 275 villages in Barmer district a
Supreme Court Issues Notice to Punj Lloyd
Supreme Court heard Civil Appeal No. 7376/2012 between Builders Association of India and Commercial Tax Officer on 1 July 2026.
Counsel for appellant 1 says case is infructuous due to time lapse; appe
NCLT Kolkata Adjourns Bihar Construction Corp Hearing
NCLT Kolkata Bench adjourns hearing for Bihar State Construction Corporation Limited insolvency proceeding to July 21, 2026.
The order follows requests from counsel representing the applicant, respond
EVOS Buildcon Petition Withdrawn, Stay on Eviction Granted
The High Court of Odisha disposed of the writ petition filed by EVOS Buildcon Pvt Ltd as withdrawn on 1 July 2026.
The court granted the petitioner liberty to approach the appellate authority and stay
Axon Construction Writ Petition Dismissed
Axon Construction Pvt Ltd filed a writ petition against Mohendra Kumar Sahu, Rkm Powergen Pvt Ltd, and the Labour Court Presiding Officer.
The petition was dismissed by Hon'ble Justice Rakesh Mohan Pa
Purohit Construction GST Appeal Dismissed, ₹4.16Cr Demand
Purohit Construction discloses receipt of an Order-in-Appeal dated June 23, 2026, from GST Commissioner (Appeals), Ahmedabad.
The appeal against an earlier GST demand order was dismissed, upholding a
Supreme Court Orders Procedural Steps in Jharkhand Appeal
Supreme Court heard Petition for Special Leave to Appeal (C) No.18445/2023 filed by State of Jharkhand against Himachal Construction Co. Ltd.
Petition challenges the High Court of Jharkhand's final ju
Sand Dune Construction Insolvency Petition Admitted
NCLT Jaipur Bench admits Section 7 IBC petition filed by Dinesh Chandra R. Agrawal Infracon against Sand Dune Construction.
The case is scheduled for arguments on July 22, 2026, alongside a related pe
NCLT Chennai Adjourns IJM Concrete vs P Dot G Hearings
NCLT Chennai adjourned three interlocutory applications in the IJM Concrete vs P Dot G insolvency case to July 2026 for final hearing.
The Successful Resolution Applicant reported settlements with mul
NCLT Chennai Lists Riyara Trading vs VRMIX Settlement
NCLT Chennai lists insolvency petition CP(IB)/295/CHE/2025 for recording settlement between Riyara Trading and VRMIX Concrete.
Parties have reached a settlement, with a formal memo to be filed within
NCLAT Lists IDBI Bank vs Sadbhav Engineering Appeal
NCLAT lists IDBI Bank's appeal against Sadbhav Engineering for fresh hearing on July 22, 2026.
The order is a procedural scheduling directive from the appellate tribunal's principal bench.
Legal repre
ARSS Infrastructure Subsidiary Appoints Avisek Agarwalla CEO
ARSS Damoh Hirapur Tolls Private Limited appointed Mr. Avisek Agarwalla as Chief Executive Officer effective July 1, 2026.
The 29-year-old Commerce Graduate brings 8 years of experience in infrastruct
Pidilite Completes Buildnext Divestment to JSW One
Pidilite's subsidiary PVPL completed transfer of entire Buildnext shareholding to JSW One Platforms via share swap agreement.
Transaction completed on July 1, 2026, with PVPL receiving JSW One equity
CCEA Approves ₹7,145 Crore Kanpur-Kabrai Highway
Cabinet approves ₹7,145 crore construction of 117.7 km Kanpur-Kabrai greenfield highway on BOT toll mode.
Project reduces travel time by 58% and connects Uttar Pradesh industrial centers with Madhya P
Shah Construction Clarifies AGM Non-Submission to BSE
Shah Construction Company Limited clarifies to BSE that its Annual General Meeting has not yet been conducted, hence no proceedings are due for submission.
The exchange's query resulted from an inadve
Shelter Infra Projects FY26 Audited Results with Loss
Shelter Infra Projects reported an audited net loss of ₹4.55 lakhs for FY26, with a quarterly loss of ₹3.95 lakhs for Q4.
Auditors issued a qualified opinion due to unprovided lease liability and inab
RPP Infra FY26 PAT Plunges 88% to ₹7.79 Crore
RPP Infra Projects disclosed investor presentation for FY26 showing 88% PAT decline to ₹7.79 crore due to revenue mix shift.
Company secured 11 new projects worth ₹2470.14 crore in India, with total o
Udayshivakumar Infra FY2026 Net Profit ₹1.66 Crore
Udayshivakumar Infra reported audited FY2026 net profit of ₹1.66 crore versus FY2025 loss of ₹7.21 crore, with Q4 profit of ₹13.35 crore.
Company declared non-applicability of audit qualification impa
KNR Constructions Q4 FY26 Earnings Call Transcript
KNR Constructions reported Q4 FY26 consolidated revenue of ₹696 crore and net profit of ₹106 crore, with an EBITDA margin of 24.3%.
The company's total order book stands at ₹11,903 crore, including tw
BRG Infra FY26 Revenue Up 61% with INR1,235cr Order Book
B.R. Goyal Infrastructure reported strong FY26 results with revenue growth of 61% to INR820 crore and PAT growth of 77.8% to INR44.92 crore.
The company secured new orders worth approximately INR497 c