Vishnu Prakash R Punglia Ltd. has received a letter of acceptance (LoA) from the Office of DYCE-C-BKN-ENGINEERING, North Western Railway, Bikaner, for a contract worth ₹908.9 million. This significant contract is part of the Churu-Sadulpur Doubling Project, aiming to enhance railway infrastructure between Sadulpur and Churu.
The project involves a comprehensive scope of work, including extensive earthwork with filling and cutting in formation, blanketing, and the construction of minor bridges and low-height subways (LHS). Additionally, it encompasses the construction of foot overbridges (FOB), platforms, platform shelters, S&T structures, cable ducting, and various other ancillary tasks. The total cost for these works is estimated at ₹908.9 million, reflecting the project’s scale and complexity.
Vishnu Prakash R Punglia, an established engineering, procurement, and construction (EPC) firm, was chosen as the preferred contractor following a thorough evaluation and acceptance of their tender by the competent authority. The company boasts a robust portfolio of infrastructure projects, having successfully completed assignments for various governmental and private entities across nine states and one Union Territory in India.
Financially, the company has reported a strong performance for Q4 FY24. Their standalone net profit soared by 67.82% to ₹671.3 million, accompanied by a 44.22% increase in revenue from operations compared to Q4 FY23. This financial success underscores the company’s capacity to manage large-scale projects and deliver significant value to stakeholders.
