Tolling contracts help MEP Infra double sales, post 28-fold rise in profit

The company has a three-year O&M contract worth Rs 3.25 bn for the Bandra-Worli Sea Link project

Mumbai-based MEP Infrastructure Developers enjoys a unique business mix among infrastructure players, as it has a presence in both in tolling and road construction contracts. This has now started to pay off for the company. Largely a road tolling player with two marquee projects in Delhi and Mumbai, the company branched out into the business of road construction less than two years ago by bagging a clutch of contracts.

Analysts are of the view that the entry into highway construction would prove to be the icing on the cake for the company in the future, with tolling being a low-hanging