Published On:September 19 2025
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Markolines Wins ₹3.51 Crore NCC Order for Mumbai Project.
Markolines Pavement Technologies Limited has secured a ₹3.51 crore order from NCC Limited for earth piling works at Malad in Mumbai. The contract, which includes GST, contributes to the company’s unexecuted order book of over ₹400 crore.
The Mumbai-based highway maintenance solutions provider, listed on the BSE under the code 543364, has been on a winning streak of new contracts this year. In addition to the NCC order, it recently bagged a ₹100 crore contract from Trans Metalite India Limited for patch repair works in Andhra Pradesh and multiple orders worth ₹97.47 crore, including two repeat orders from Varanasi Aurangabad NH-2 Tollway Private Limited.
The company also reported robust financial results for Q1 FY26, with profit after tax surging 119.4 per cent year-on-year to ₹3.79 crore. Operating income rose 44.4 per cent to ₹72.72 crore, while EBITDA margins stood at 10.3 per cent. This latest order further strengthens its project pipeline in key regions.