AHLUWALIA CONTRACTS (INDIA) LTD
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BSE Code:
532811
NSE Code:
AHLUCONT
Business Profile
Business Profile
Ahluwalia Contracts India (ACIL) is a New Delhi based civil engineering contracting firm. ACIL was founded in 1979 by Bikramjit Ahluwalia (CMD). The company constructs malls, hospitals, educational institutes, commercial complexes, luxury hotels, corporate office complexes, and multistoried residential complexes. It`s clientele includes Fiat India, Apollo Tyres India, Moser Baer India , Grand Hyatt Hotels, Tata Projects, C.P.W.D., HUDCO, ITDC, IIT, and DDA. Ahluwalia Contracts is an ISO 9001 - 2000, ISO 14001:2004 and OHSAS 18001:1999 Company with accredition from DNV.
It has plants in Kolkata, Jaipur, Delhi, Mumbai and Baroda.
Financials
The company reported a steady growth in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company rose 16.71% to Rs 128.02 million from Rs 109.69 million in the same quarter previous year. Net sales for the quarter rose 33.34% to Rs 2,963.48 million, while total income for the quarter rose 33.45% to Rs 2,986.56 million, when compared with the prior year period. The company reported earnings of Rs 2.04 a share during the quarter, registering 16.57% growth over previous year period.
Recent Developments
15-MAY-09
The company has bagged an order worth Rs 2.19 billion from National Building Construction Corporation.
20-APR-09
The company has recently won number of contracts from various companies worth Rs 3,529.8 million.
03-APR-08
Ahluwalia Contracts India recently bagged new contracts worth Rs 3.54 billion.