B.L. Kashyap & Sons (BLK), a civil engineering and construction company, has reported a growth of 109.25 per cent in its net consolidated profit during the quarter ended September 30, 2023. Its profit after tax stood at Rs 11.99 crore in Q2 FY24 as against Rs 5.73 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total revenue stood at Rs 327.64 crore, a growth of 9.55 per cent from Rs 299.09 crore it recorded in the similar quarter last year.
Vineet Kashyap, managing director of the company said, “BLK is on the path to achieve double-digit margin for FY 2023-24. The company has put in a bid for a large commercial job in Gurgaon. The top three states as per the geographical mix are Karnataka (36%), Haryana (20%) and Delhi (18%.)”The company has been awarded total orders to the tune of Rs. 247 crore during Q2 FY24. The order book stands at Rs 3,005 crore as of half year ended on 30th September 2023.