Ahluwalia Contracts (India) Ltd. has received 2 domestic construction orders worth a combined ₹1,103.56 crore. The announcement was made through a regulatory filing dated June 27, 2025. Both projects are independent of promoter or group company interests and do not fall under related-party transactions.
As per the filing, the larger order, worth ₹821 crore (excluding GST), comes from Whiteland Corporation Pvt Ltd. It involves the construction of seven residential towers under the ‘Urban Resort’ project in Sector 103, Gurugram. The timeline for completion is set at 36 months.
The second order is valued at ₹282.56 crore (excluding GST) and has been awarded by Nestled Haven Estates Pvt Ltd and Maia Estates Pvt Ltd. It includes civil structure and architectural finishing work for a housing project named 'The Beacon' in Bengaluru. This project has a stipulated execution period of 32 months.
Both contracts fall under the residential housing segment. The Gurugram project is a full construction contract, while the Bengaluru project covers structural and finishing work. No international entities are involved in either of the contracts.
The company clarified that neither the promoters, promoter group, nor any group companies have any financial interest in the awarding entities. Both projects are classified as domestic orders with no related-party involvement.
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Ahluwalia Contracts works across residential and commercial projects, as well as institutional, IT park, industrial, and healthcare sectors. In Q4 FY25, the company reported a 58.3% drop in consolidated net profit to ₹83.33 crore. Revenue from operations rose 4.5% to ₹1,215.84 crore compared to the same quarter last year.
As of 3:30 PM on June 27, Ahluwalia Contracts share price closed at ₹990.00, up 5.05% for the day, though the stock is down 3.49% over the past six months and 20.59% over the past year.
The 2 new orders add to the company’s ongoing project portfolio. Execution will take place over the next 2 to 3 years in Gurugram and Bengaluru, respectively.
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Published on: Jun 28, 2025, 11:38 AM IST
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