Madhav Infra Projects received of Letter of acceptance for development of 15 MW floating solar PV project at Maroda Reservoir-I, Of NSPCL in Bhilai, Chhattisgarh from NTPC-SAIL Power Company. The value of the contract is Rs 90.34 crore. Powered by Capital Market - Live News

Net profit of Madhav Infra Projects declined 47.61% to Rs 2.63 crore in the quarter ended March 2024 as against Rs 5.02 crore during the previous quarter ended March 2023. Sales declined 26.21% to Rs 150.77 crore in the quarter ended March 2024 as against Rs 204.31 crore during the previous quarter ended March 2023.For the full year,net profit declined 36.08% to Rs 21.68 crore in the year ended March 2024 as against Rs 33.92 crore during the previous year ended March 2023. Sales declined 10.20% to Rs 460.38 crore in the year ended March 2024 as against Rs 512.70 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales150.77204.31 -26 460.38512.70 -10 OPM %6.0911.54 -12.6711.23 - PBDT5.6617.54 -68 40.6061.17 -34 PBT1.3613.25 -90 24.7648.00 -48 NP2.635.02 -48 21.6833.92 -36 Powered by Capital Market - Live News

Madhav Infra Projects will hold a meeting of the Board of Directors of the Company on 10 May 2024.Powered by Capital Market - Live News

Madhav Infra Projects has received Letter of Acceptance of Rs 20.74 crore for construction of Railway Bridge in lieu of Level Crossing no 25 in KM 1050/1-2 of Bina Katni Section between Sagar Bustand to Sadar bazar road near Dimple Petrol Pump in Sagar city Distt Sagar (M.P) from Office of the Executive Engineer , Public work department, Bridge construction Division Sagar (M.P).Powered by Capital Market - Live News

Madhav Infra Projects will hold a meeting of the Board of Directors of the Company on 29 January 2024.Powered by Capital Market - Live News