The company clarified that the contracts were awarded in the normal course of business.
The company said the new orders reflect its “unwavering commitment to excellence, strategic execution, and the trust our clients place in our capabilities.” It added that the addition of these projects enhances its existing order book and strengthens its position for sustained growth in the coming quarters.
SRM Contractors is an engineering construction and development company undertaking construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in hilly, challenging and difficult terrains and geography such as the Union Territories of Jammu & Kashmir and Ladakh. It executes construction both as an EPC contractor and on an item rate basis for infrastructure projects.
The company's consolidated net profit surged 167.3% to Rs 12.75 crore on a 159.5% jump in revenue to Rs 142.40 crore in Q1 FY26 as against Q1 FY25.