BL Kashyap share price rises 9% on securing ₹300 crore order for Greater Noida group housing project

The stock rose as much as 8.98% to ₹54.59 apiece on the National Stock Exchange (NSE). At 9:33 am, it was up 6.43% to ₹53.31 per unit.

In an exchange filing on Wednesday, the company said that it has bagged an order valued at ₹300 crore (excluding GST) from CRC Greens Private Limited for construction and supervision of civil structural works for a group housing project at Greater Noida, Uttar Pradesh.

The order will be executed over a period of 42 months. The letter of intent (LOI) was received/accepted on February 17 at 4:30 pm, the company said.

In December, the company had won a ₹364.07 order from ESNP Property Builders and Developers for civil and structural work for the commercial project "Embassy Splendid Tech Zone – Block" at Pallavaram, Chennai.

Before that, it had won a ₹615.69 crore order from Sattva CKC Pvt Ltd for structural and civil work for the commercial project "Sattva Chennai Knowledge City" at Chennai, Tamil Nadu. The domestic project will be completed within 31 months. The order does not fall within related part transactions, and the promoters do not have any interest in the entity that awarded the order.

BL Kashyap Q3 results

The company had reported a multi-fold jump in its consolidated profit after tax to ₹11.83 crore in the December quarter of the financial year 2025-26, compared to ₹1.11 crore in the corresponding period of the previous fiscal year.

Its revenue from operations advanced 33.9% to ₹323.87 crore in the latest December quarter against ₹241.86 crore in the year-ago period.