SPML Infra share price rises after securing ₹1,438 crore Jal Jeevan Mission project in Rajasthan; check details

The project, which is under the Jal Jeevan Mission, will strengthen water supply infrastructure across the region, an exchange filing said. The order also involves executing comprehensive construction and operation works, including ten years of operations and maintenance (O&M).

SPML Infra share price

The stock was trading 0.12% higher at ₹292.75 per share on the National Stock Exchange (NSE) at 9:29 a.m. on Monday.

The project will ensure safe and reliable drinking water for over 1.5 million residents of the Dholpur and Saipau blocks. The order covers the construction of an intake well, raw water reservoirs of 10 and 12 million cubic metres on the Chambal River, laying 712 kilometres of 100 mm to 2000 mm diameter pipelines, 21 elevated service reservoirs and setting up main raw water pumping stations.

Abhinandan Sethi, Managing Director of SPML Infra Ltd, said, "We are honoured to partner with the Government of Rajasthan on this vital Jal Jeevan Mission project, which will provide safe drinking water to more than 1.5 million people in Dholpur. This order reflects the government’s confidence in SPML Infra’s ability to deliver critical water infrastructure with lasting impact. With its comprehensive scope and long-term O&M responsibility, this project goes beyond construction; it is about ensuring reliability, resilience, and healthier lives for the people we serve."

In August, the company had bagged a ₹1,073 crore project by Indore Municipal Corporation (IMC) for augmentation of the water supply system under the AMRUT 2.0 initiative.

SPML Infra Q1 results

SPML Infra had posted a 6.26% decline in its consolidated net profit to ₹12.11 crore in the first quarter of the financial year 2025-26, compared to ₹12.92 crore in the same period of the previous fiscal year.

Revenue from operations declined 24.59% to ₹155.91 crore in Q1 FY26, compared to ₹206.76 crore a year back.