Highway Development

The company had clocked a consolidated net profit of Rs 71.91 crore in the corresponding period of the previous fiscal, it said in a regulatory filing.

Analysts remain positive on the road/construction sector given healthy order books providing good revenue visibility, controlled working capital, value unlocking

Borrowing up seven times in five years, growing at a CAGR of 47.6 per cent from Rs 45,300 crore at the end of March 2016

The company said it is well poised and geared up to win a large number of BOT projects in the upcoming bids, which will ensure a steady growth in execution as well as Toll revenues in the long term

Govt informed House that govt encourages use of plastic waste in construction of National Highways