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The project entails engineering, procurement and construction (EPC) work for designing and construction of Ged Barrage, Protection work & Other allied activities across river Sabarmati between Hirpura barrage & Lakroda weir, Ta. Prantij, Dist. Sabarkantha including Operation and Maintenance for 10 Years. The project is valued at Rs 268 crore.
The contract will be executed under the engineering, procurement, and construction (EPC) mode, with a completion timeline of 24 months, the company said in an exchange filing. The scope of the project also includes operation and maintenance for a period of 10 years.
Dilip Buildcon clarified that the awarding authority is a domestic government entity and the project does not fall under related-party transactions.
Dilip Buildcon is presently in the business of developing infrastructure facilities on an engineering, procurement, and construction (EPC) basis and undertakes contracts from various government and other parties and special purpose vehicles promoted by the company.
The company's consolidated net profit surged to Rs 829.85 crore in the quarter ended December 2025 as against Rs 115.27 crore during the previous quarter ended December 2024. Sales declined 17.45% to Rs 2,137.90 crore in Q3 FY26 as compared with Q3 FY25.
Shares of Dilip Buildcon rose 0.90% to Rs 429.60 on the BSE.
The tender, floated by the Narmada Water Resources, Water Supply & Kalpasar Department, is valued at Rs 702 crore.
The project involves the construction of a flood protection embankment on the Narmada River in the Bharuch District. Executed on an engineering, procurement, and construction (EPC) basis, the project is scheduled for completion within a 24-month timeframe.
Dilip Buildcon is presently in the business of development of infrastructure facilities on an Engineering Procurement and Construction basis (EPC) and undertakes contracts from various government and other parties and special purpose vehicles promoted by the company.
Dilip Buildcon has been selected as the successful for securing “Authorization to Lay, Built, Operate, or Expand Petroleum or Petroleum Product (Air Turbine Fuel / ATF) Pipeline from Navgam. Gujarat to Sardar Vallabhbhai Patel International Airport, Gujarat”. The Project Authority to grant license is Petroleum and Natural Gas Regulatory Board (PNGRB).
The Project entails the grant of an exclusive license by PNGRB to act as the authorized entity for the development of “pipeline” infrastructure for the transportation of ATF, including financing, construction, and operation of the same, and to levy and collect tariff for the transportation of ATF up to the designated delivery point for a period of 25 years.
The Project shall be implemented through a Special Purpose Vehicle (SPV), in which Dilip Buildcon (DBL) shall hold 100% equity. The Engineering, Procurement and Construction (EPC) works are proposed to be awarded to DBL, representing a business opportunity valued at approximately Rs 124 crore (excluding GST), to be executed over a period of 24 months.
The project involves setting up a Petroleum or Petroleum Product (Air Turbine Fuel/ATF) pipeline from Navgam, Gujarat to Sardar Vallabhbhai Patel International Airport, Gujarat.
The contract, awarded by a domestic entity, is valued at Rs 124 crore (excluding GST) and will be executed over a period of 25 years.
The company clarified that neither the promoter nor the promoter group has any interest in the awarding entity and the contract does not fall under related party transactions.
The company’s consolidated net profit declined 22.8% to Rs 181.49 crore in Q2 FY26, compared with Rs 235.24 crore in Q2 FY25. However, revenue from operations fell 22.9% year on year (YoY) to Rs 1925.89 crore in Q2 FY26.
Shares of Dilip Buildcon tanked 3.82% to Rs 435.65 on the BSE.