Home / Business and Economy / Sathlokhar Secures Rs 37.57 Crore in New Orders
Sathlokhar Secures Rs 37.57 Crore in New Orders
21 Feb
Summary
- Sathlokhar secured Rs 37.57 crore in new civil and PEB works orders.
- APM Terminals India awarded a Rs 23.57 crore order for warehouse projects.
- Elite Natural awarded a Rs 13.82 crore order for factory construction.
Sathlokhar Synergys E&C Global has secured significant new orders amounting to Rs 37.57 crore. These contracts are for the execution of civil and pre-engineered building (PEB) works, bolstering the company's project pipeline.
The first order, valued at Rs 23.57 crore, comes from APM Terminals India, a part of Denmark-based MAERSK. This contract includes the construction of a new warehouse and the upgrade of an existing facility in Ponneri, Chennai. The scope encompasses civil, PEB, and MEP works for a proposed factory, with all work slated for completion before September 2026.
Furthermore, Sathlokhar received a second order worth Rs 13.82 crore (including GST) from Elite Natural. This project involves civil and PEB works for a new factory at the SIPCOT Industrial Complex in Hosur, Tamil Nadu. This development is also scheduled for completion by September 2026.
Sathlokhar Synergys E&C Global specializes in engineering, procurement, and construction (EPC) services. The company's financial performance for the full year FY25 showed substantial growth, with net profit increasing by 63.4% to Rs 42.77 crore and net sales rising by 61.7% to Rs 399.37 crore compared to FY24.
