Innovision bags Rs 12-cr NHAI order

Innovision announced that it has received a Letter of Award (LoA) from the National Highways Authority of India (NHAI) for toll collection and facility maintenance at the Shamli to Muzaffarnagar section of National Highway 709AD in Uttar Pradesh.

The contract involves engagement of the company as a user fee agency through competitive e-tendering, along with upkeep and maintenance of adjacent toilet blocks, including replenishment of consumable items. The order is valued at Rs 12.17 crore and is to be executed within 90 days.

Innovision said the contract does not involve any interest from the promoter, promoter group, or group companies of the awarding entity. The agreement also does not qualify as a related-party transaction.

The company had reported a consolidated net loss of Rs 7.04 crore in the quarter ended June 2026 as against net profit of Rs 12.47 crore during the previous quarter ended June 2025. Sales rose 18.29% to Rs 263.82 crore in Q1 FY27 as compared with Q1 FY26.

Shares of Innovision rose 0.73% to close at Rs 274.20 on the BSE.

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