Infrastructure
Globe Civil Projects secures Rs 222.19-cr order from Haryana Cricket Association
The order covers construction of an international cricket stadium at Lohat, Jhajjar, Haryana, to be executed within 24 months.
Globe Civil Projects announced that it has secured an order worth Rs 222.19 crore from the Haryana Cricket Association for the construction of an international cricket stadium at Lohat, Jhajjar, Haryana.
The total contract value stands at Rs 2,22,19,78,844 and the project is to be executed within 24 months.
Globe Civil Projects made a debut on the stock exchanges on 1 July 2025, with its shares listing at Rs 91.10, a 28.31% premium to the issue price of Rs 71. The company's initial public offering, which closed on 26 June 2025, was subscribed 86.04 times.
Globe Civil Projects is an integrated Engineering, Procurement, and Construction (EPC) company headquartered in New Delhi. The company reported a 56.4% jump in consolidated net profit to Rs 24.05 crore on a 14% increase in revenue from operations to Rs 378.58 crore in FY25 over FY24.
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Originally published by Business Standard (Capital Market — Live News, Aug 16, 2025). Reproduced here for reference. Read the original article →