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Dilip Buildcon emerges as L-1 bidder for Rs 901-cr Srinagar township project

11-Nov-2026 | 14:27
Dilip Buildcon announced that it has been declared the L-1 bidder for a project worth Rs 901.43 crore by NBCC (India) for the development of a satellite township at Rakh Gund Aksha, Bemina, Srinagar, Jammu & Kashmir.

The project involves the development of Phase-I, Package-3 (Group Housing 02), including allied works, on an engineering, procurement and construction (EPC) basis, along with two years of operation and maintenance. The construction work is scheduled to be completed within 24 months, followed by a two-year operation and maintenance period.

Dilip Buildcon (DBL) is a diversified infrastructure company with over three decades of execution experience in large-scale infrastructure development projects across India. The company has a presence in 20 states and one Union Territory, supported by a workforce of 20,581 employees and a fleet of more than 10,275 equipment units. The company's consolidated net profit declined 50.67% to Rs 112.95 crore on a 9.26% fall in revenue to Rs 2,377.78 crore in Q1 FY27 as compared with Q1 FY26.

Shares of Dilip Buildcon rose 0.35% to Rs 403.05 on the BSE.

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