Pratibha Ind bags contract worth Rs 322 cr

PTI New Delhi | Updated on March 12, 2018 Published on October 21, 2013

Pratibha Industries today said that it has secured an order worth Rs 321.88 crore from the Rajasthan Government for a water supply project.

The contract involves cluster scheme of 315 villages of Mandalgarh, Bijoliya and Jahajpur tehsils along with augmentation of UWSS of Mandalgarh and Bijoliya towns.

This will be under Chambal-Bhilwara water supply project phase-II and would cover operation and maintenance for 10 years on a single point responsibility turnkey basis, the company said.

The contract is to be completed in 36 months from the date of commencement and “total value of the contract is Rs 321.88 crore”, the company said in a filing with the BSE.

Pratibha Industries is engaged in the business of integrated infrastructure solutions. The company had reported revenues of Rs 354.09 crore and a net profit of Rs 4.93 crore during April-June quarter.

Shares of the company ended at Rs 23.70 apiece on the BSE, up 5.80 per cent from their previous close.

Published on October 21, 2013
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