Navi Mumbai is Going to get its Coastal Road worth Rs.273-cr

By Abhay Harish Shah City and Industrial Development Corporation of Maharashtra also known as CIDCO is planning to build a coastal road which will connect Kharghar with Belapur at an estimated cost of Rs 273 crore. The authority said on Friday that the 9.5km stretched road is going to be developed in two phases also the tenders will be bid […]

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Jindal Steel & Power Ltd Posts Consolidated Net Profit of Rs5.5cr in Q4FY18

By Realty Quarter Bureau Jindal Steel and Power beat consensus estimates for both revenue and net profit in Q4FY18. Revenue grew by 27.3% yoy to Rs8, 599cr (expectation Rs8, 081cr). EBITDA stood at Rs2, 136cr, up 37.7% yoy against estimates of Rs2, 014cr. EBIDTA margin rose by 187bps yoy to 24.8%. Adjusted Net Profit stood at Rs5.5cr (expectation of Rs3cr). […]

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