Tag
Engineering & Construction
5 articles
Engineering and construction firms are navigating a mixed landscape of order wins and financial challenges. Recent contract awards to K.C.P. and Artson Limited, valued at ₹257 crore and ₹14.63 crore respectively, signal continued demand for infrastructure services, particularly within the seawater supply and port development sectors. However, Artson Limited reported a net loss for the first quarter of fiscal year 2027, contrasting with year-ago profitability, while Supreme Infrastructure's substantial profit was largely driven by debt restructuring and accompanied by a qualified audit opinion highlighting concerns about receivables and insolvent subsidiaries, raising questions about the company’s long-term viability. These developments underscore the sector’s sensitivity to project execution risks and broader economic uncertainties.
Lloyds Acquires 17.98% Stake in SISCOL for ₹219 Cr
Lloyds Enterprises completed acquisition of 17.98% equity stake in Steel Infra Solutions for ₹219 crore cash consideration.
Deal executed via Share Purchase, Subscription and Shareholders Agreement da
Pennar Industries Q1 FY27 PBT Up 16% YoY
Pennar Industries reported Q1 FY27 revenue of INR 884.55 Cr (up 3.58% YoY) and PBT of INR 46.8 Cr (up 16.04% YoY), with PBT margin expanding to 5.38%.
Management hosted an earnings conference call to
Voltas Q1 FY27 Net Profit Rises 51% YoY
Voltas Q1 FY27 consolidated net profit surged 51% YoY to ₹213 crores on total income of ₹4,765 crores.
Room AC business grew 45% in volume, achieving 17.3% market share and a 4% lead over nearest comp
KEC International Q1 FY27 Earnings Call Transcript Available
KEC International made its Q1 FY27 earnings conference call transcript available on the company website.
The transcript covers unaudited financial results for the quarter ended June 30, 2026.
The disc
Linde India 90th AGM Approves ₹12 per Share Dividend
Linde India held its 90th AGM on 13 August 2026, adopting FY26 financial statements and reports.
Shareholders approved a 120% dividend of ₹12 per share, including an ₹8 special dividend.
Michael James