Business News | Globe Civil Projects Crosses Rs 1,000 Cr Order Book Milestone
Get latest articles and stories on Business at LatestLY. New Delhi [India], August 23: Globe Civil Projects Limited (NSE - GLOBECIVIL | BSE - 544424) is pleased to announce that its consolidated order book has crossed ₹1,000 Cr, marking a significant milestone in the company's growth journey.
PNN
New Delhi [India], August 23: Globe Civil Projects Limited (NSE - GLOBECIVIL | BSE - 544424) is pleased to announce that its consolidated order book has crossed ₹1,000 Cr, marking a significant milestone in the company's growth journey.
The order book is well-diversified across institutional, healthcare, and government infrastructure projects. Marquee clients include CPWD, NBCC, and TCIL, many of which are repeat orders, underscoring the company's proven track record of quality, timely execution, and reliability. The Company continues to expand its presence across 11+ states, with the current order book providing strong revenue visibility and a solid foundation for sustained growth.
Project Mix:
* Educational & Institutional - IITs (Roorkee, Gandhinagar, Kanpur), IIMs (Udaipur, Lucknow-Noida), NIT Delhi, Central University of Punjab.
* Healthcare Facilities - AIIMS Raipur, Burari Hospital, PGI Nehru Block, Aligarh Hospital.
* Government Infrastructure - Parliament Annexe, Income Tax Building, Bangalore, CPWD housing projects.
* On the receipt of the order, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited, said, "Crossing the ₹1,000 crore order book milestone is a significant achievement for the company, reaffirming the trust our clients place in our integrated EPC capabilities. With nearly 90% of our portfolio comprising funded central government projects, we enjoy strong cash flow visibility and reduced working capital risks. With this order book, a proven execution record, and a selective bidding approach, the company is strongly positioned to capitalise on India's infrastructure growth opportunities and deliver long-term value for its stakeholders."
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