Pratibha Industries on Monday said it has secured an order worth Rs 321.88 crore from Rajasthan government for working on water supply projects.
The contract will involve cluster scheme of 315 villages of Mandalgarh, Bijoliya and Jahajpur Tehsils along with augmentation of UWSS of Mandalgarh and Bijoliya towns.
This will be under Chambal-Bhilwara water supply project phase-II and would be with operation and maintenance for 10 years on single point responsibility turnkey basis, the company said.
The contract is to be completed in 36 months from the date of commencement and "total value of the contract is Rs 321.88 crore", it said in a filing with the BSE.
Pratibha Industries is engaged in the business of integrated infrastructure solutions. The company had reported revenues of Rs 354.09 crore and a net profit of Rs 4.93 crore in the April-June quarter.
Following the announcement, shares of the company were trading at Rs 23.70 apiece during afternoon trade on BSE, up 5.80% from its previous close.
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