Mutual Funds Sahi Hai!
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This payment marks the final resolution of all disputes related to the concession agreement dated 6 July 2010, between NHAI and OSEPL. With this settlement, all proceedings tied to the agreement stand fully disposed of.
OSEPL and NHAI have mutually agreed that no future legal or contractual disputes will be raised regarding the matter. The agreement is perpetual and binding on both parties and their successors.
BRNL, which holds a 59.38% stake in OSEPL, stated that the funds will be directed towards priority liabilities, legal dues, and operational obligations of OSEPL. While the settlement brings significant relief, the exact financial impact on BRNL is yet to be quantified.
Bharat Road Network is engaged in the business of designing, building, operating, maintaining and carrying out all other activities pertaining to road projects.
On a consolidated basis, Bharat Road Network reported net loss of Rs 4.75 crore in Q4 March 2025 as against net loss of Rs 28.71 crore in Q4 March 2024. Net sales declined 49% YoY to Rs 47.26 crore in Q4 March 2025.
For the full year,net profit reported to Rs 141.12 crore in the year ended March 2025 as against net loss of Rs 112.00 crore during the previous year ended March 2024. Sales declined 27.77% to Rs 274.29 crore in the year ended March 2025 as against Rs 379.72 crore during the previous year ended March 2024.