News

SRM Contractors has received upgrade in credit ratings for bank facilities at CARE A; Stable / CARE A1.

SRM Contractors has bagged contracts worth Rs 500.99 crore. These include:1. From Maharashtra State Infrastructure Corporation for proposed construction and integrated development of Darshan Path Tappa-2 for Darshan Path-2, Ghat Shahi Marg and Shivdarshan Path at Trimbakeshwar, dist. Nashik for Nashik Trimbakeshwar Sinhastha Kumbhmela. The contract is valued at Rs 210.99 crore. 2. From Ministry of Road Transport & Highways for treatment of 05 nos. of landslide location (Ch. 12.985 km to 13.410 km, 30.330 km to 30.425 km, 54.350 to 54.580, Ch. 56.328 - 56.432 km on NH-107 & 81.240 to 81.550 km) on NH-107A in the state of Uttarakhand under Annual Plan 2025-26. The contract is valued at Rs 60.43 crore. 3. From NF RLY Construction for protection work at approach of Tunnel No. 10 Portal-1, 180m Cut and cover for Main and Escape Tunnel, Earthwork in bank and cutting to make formation and ancillary works between Piphema - Zubza section in connection with Dimapur - Kohima New BG Line Project. The contract is valued at Rs 229.57 crore.

Net profit of SRM Contractors rose 124.67% to Rs 54.10 crore in the quarter ended March 2026 as against Rs 24.08 crore during the previous quarter ended March 2025. Sales rose 95.87% to Rs 445.75 crore in the quarter ended March 2026 as against Rs 227.57 crore during the previous quarter ended March 2025.For the full year,net profit rose 101.85% to Rs 111.02 crore in the year ended March 2026 as against Rs 55.00 crore during the previous year ended March 2025. Sales rose 94.19% to Rs 1025.57 crore in the year ended March 2026 as against Rs 528.13 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales445.75227.57 96 1025.57528.13 94 OPM %16.6914.92 -16.4115.42 - PBDT75.3338.53 96 167.5387.89 91 PBT69.8033.03 111 150.9974.34 103 NP54.1024.08 125 111.0255.00 102 Powered by Capital Market - Live News

SRM Contractors will hold a meeting of the Board of Directors of the Company on 26 May 2026.

SRM Contractors has bagged a contract worth Rs 483 crore from Maharashtra State Infrastructure Development Corporation for Package 6 - Construction of Nashik Ring Road (Southern side) from Design chainage 14.950 to 28.970 (Length 14.020km) under EPC mode.