Bondada Engineering Scores Airtel Deal for Telecom Infrastructure!

Bondada Engineering has secured a significant contract valued at Rs 2.05 crore from Bharti Airtel. The agreement entails the supply of a hot-dipped galvanized (GI) pole to Tamil Nadu, measuring 6 meters in height and weighing approximately 60 kilograms. Bondada Engineering, known for its expertise in engineering, procurement, and construction (EPC) services, specializes in serving the telecom and solar energy sectors across India.

The contract marks a notable development for Bondada Engineering, underscoring its capability in infrastructure solutions. The company's consolidated net profit for Q4 FY24 surged to Rs 46.30 crore, a steep rise from Rs 17.13 crore in Q4 FY23. Revenue from operations also witnessed a remarkable increase, climbing by 116.07% to Rs 800.72 crore in Q4 FY24 compared to Rs 370.58 crore in Q4 FY23.

Bondada Engineering's growth trajectory reflects its robust performance in meeting industry demands, particularly within telecommunications and renewable energy infrastructure. The company's strategic focus on EPC and operations and maintenance (O&M) services continues to strengthen its position in the market, aligning with India's expanding infrastructure needs.

The successful acquisition of the Rs 2.05 crore contract underscores Bondada Engineering's reputation for delivering quality solutions in a competitive market environment. With its commitment to excellence and customer satisfaction, the company remains poised for further expansion and achievement in the infrastructure sector.

News by Rahul Yelligetti