Ahluwalia Contracts gets contract worth Rs 530 Crores

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Mumbai Metro
Mumbai Metro

The total order inflow of the company stands at Rs 1,243.14 crore

NEW DELHI (Metro Rail News): Ahluwalia Contracts (India) has secured a new contract worth around Rs 530 crores. The company has bagged the order for construction of Mandale Depot of Mumbai Metro Rail project. It has secured the mandate from the Mumbai Metropolitan Region Development Authority (MMRDA).
The total order inflow of the company stands at Rs 1,243.14 crore during the FY21. Net profit of Ahluwalia Contracts (India) rose 37.34% to Rs 17.95 crore in the quarter ended September 2020 as against Rs 13.07 crore during the previous quarter ended September 2019.

According to a report, the firm’s sales rose 0.19% to Rs 434.51 crore in the quarter ended September 2020 as against Rs 433.69 crore during the previous quarter ended September 2019.

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