Monarch Surveyors and Engineering Consultants receives Rs 2-cr work order

Monarch Surveyors and Engineering Consultants announced that it has received a work order worth Rs 1.68 crore from Fursungi-Uruli Devachi Nagar Parishad.

The contract involves appointment of an agency for preparation of GIS base maps, existing land use (ELU) and assistance in preparation of GIS-based development plans on a cash consideration basis.

The work is subject to necessary approvals from the concerned government authorities. As per the letter of acceptance, the work will commence immediately and is expected to be completed within the timeline specified under the contract.

The company clarified that the transaction does not constitute a related-party transaction and that neither the promoters nor the promoter group companies have any interest in the work contract.

Monarch Surveyors and Engineering Consultants provides end-to-end consultancy services for infrastructure projects, including survey, design and technical supervision for roads, railways, metros, town planning, geospatial mapping, land acquisition, water, transmission lines, pipelines and other civil engineering sectors.

The company reported a 6.9% rise in standalone net profit to Rs 37.23 crore on a 11.4% increase in revenue to Rs 171.69 crore in FY26 compared with FY25.

The counter rose 1.83% to settle at Rs 224.95 on the BSE.

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