In Quarterly Results of Q3FY24 company reported a 3.2 per cent decrease in net profit to Rs. 107.4 crore for the third quarter ending December 31, 2023, compared to Rs. 111 crores in the same period last year. However, the company witnessed a significant uptick in revenue from operations, recording a 23.9 per cent rise to Rs. 2,876.8 crore from Rs. 2,322.4 crore in the corresponding quarter of the previous fiscal.

Order Book Update: As of December 31, 2023, the company's order book stood at Rs 21,842.9 crore, with orders from various business divisions, including Roads & Highways, Metro, Irrigation and Water Supply.

As of December 31, 2023, the company's order book stood at Rs 21,842.9 crore, with orders from various business divisions, including Roads & Highways, Metro, Irrigation and Water Supply.

Order Book Update: As of December 31, 2023, the company's order book stood at Rs 21,842.9 crore, with orders from various business divisions, including Roads & Highways, Metro, Irrigation and Water Supply.

The project, valued at Rs 412.92 crores, awarded by the Water Resources Department, Madhya Pradesh, is set to be completed within 60 months.

Company expertise in constructing bridges and highways makes them well-positioned to deliver this project successfully. The company's track record of on-time completion and quality construction inspires confidence in the timely realization of this exciting project.

Company expertise in constructing bridges and highways makes them well-positioned to deliver this project successfully. The company's track record of on-time completion and quality construction inspires confidence in the timely realization of this exciting project.

Shares of the company have jumped more than 200 per cent in the last six months.

Quarterly Results: The net sales increased by 1.26 per cent to Rs 2,920.78 crore and net profit skyrocketed by 122 per cent to Rs 12.31 crore in Q1FY24 compared to Q1FY23. The EPS for Q1FY24 stood at Rs 0.87.

The company has received a completion certificate for a 4-lane project of Dodaballapur Bypass to Hoskote section of NH-648 (Old NH207) on Hybrid Annuity Mode under Bharatmala Pariyojna in the state of Karnataka (Package-II)” has been provisionally completed. The project was worth Rs 1,278 crore.

According to the financials, Dilip Buildcon has a market cap of over Rs 4,500 crore. The net sales increased by 14.01 per cent and the net profit increased by 1,852.61 per cent in Q4FY23 over Q4FY22. The net sales increased by 12.36 per cent and the net profit increased by 357.96 per cent in FY23 over FY22.

According to the financials, Dilip Buildcon has a market cap of Rs 3,578 crore. The net sales increased by 14.01 per cent and the net profit increased by 1,852.61 per cent in Q4FY23 over Q4FY22. The net sales increased by 12.36 per cent and the net profit increased by 357.96 per cent in FY23 over FY22.

The stock gave multibagger returns of 110 per cent in just 3 years.

The company has also bagged multiple orders in the financial year 2022-2023.  

The company has also bagged multiple orders in the financial year 2022-2023.   

The company reported excellent results in its quarterly results wherein net profit was recorded at Rs 13 crore in Q2FY23 compared to a net loss of Rs 445 crore in Q2FY22.

On the day of the Union Budget 2023, the Sensex gained by 49.49 points to close at 59,708.08, while the Nifty 50 slipped by 45.85 points to close at 17,616.30

The shareholding pattern of the company consists of 70.15 per cent promoter, 6.31 per cent FIIs, 9.12 per cent DIIs and 14.42 per cent public ownership. In 1 month, the stock is up 10.51 per cent while in 6 months, the stock is up 24.81 per cent respectively. Investors should keep an eye on this stock.

The stock is trading at Rs 242.90, up by 2.04 per cent.

BSE Smallcap index climbed 0.59 per cent to end at 24,954.54.

On Wednesday, domestic equity markets ended on a strong note on account of improving global cues.