Ceigall India has emerged as LI bidder for establishing “Construction of 4/6 Lane Northern Ayodhya Bypass tot length 35.40 kms Part1 north of NH27 from 0.000 to 30.400 (Starting near 112.540 ending at 139.928 of NH27) and Part2 south of NH27 from 0.000 to 5.000 on HAM under NHDP Ph7 in Uttar Pradesh”. The company bid project cost of Rs 1,199.30 crore.

Additionally, the company secured another tender from NHAI for the construction of a 4/6 lane bypass in Northern Ayodhya which spans 35.40 km. This project is part of the NHDP Phase-VII and is worth ₹1,199.30 crore.

As of June 30, 2024, the company’s order book was worth ₹9,470 crore. 93% of the company’s order book was made up of roads, highways, flyovers, and tunnels, of which, 52% were on an engineering, procurement & construction (EPC) mode while 40% were on a HAM basis. Railway & Metro projects made up 7% of the company’s order book while airport runways accounted for 1% of the order book.

For the quarter ended June 30, 2024, Ceigall India reported a 76.5% year-on-year (YoY) surge in its net profit to Rs 77.9 crore. The company’s total revenue rose 26.5% YoY to Rs 822.4 crore.