B L Kashyap & Sons , a prominent player in the construction sector, has reported robust financial results for the first quarter, alongside announcing the appointment of new secretarial auditors.

Financial Performance

The company's Board of Directors approved the unaudited standalone and consolidated financial results for Q1 at their meeting held on August 14.

On a standalone basis, B L Kashyap & Sons reported:

• Revenue from operations of ₹3,320.94 crore, a significant increase from ₹2,000.18 crore in the previous quarter
• Profit after tax of ₹1,072.02 crore, compared to a loss of ₹2,175.31 crore in the prior quarter

The consolidated results were equally impressive:

• Revenue stood at ₹3,364.23 crore, up from ₹2,641.64 crore in the previous quarter
• Profit after tax reached ₹1,075.35 crore, a substantial turnaround from a loss of ₹2,032.40 crore

Key Financial Metrics

The company's performance showed marked improvement across various financial parameters:

New Secretarial Auditors

In a move to strengthen its corporate governance, the Board has approved the appointment of M/s. Dhananjay Shukla & Associates as the company's Secretarial Auditors. The appointment is for a term of five consecutive financial years, subject to shareholder approval at the upcoming 36th Annual General Meeting.

M/s. Dhananjay Shukla & Associates brings extensive experience in corporate laws, procedures, and compliance matters. The firm is headed by CS Dhananjay Shukla, who has over two decades of experience in the company secretary profession.

Investor Information

The company has made the detailed financial results available to investors on its website and on the websites of the National Stock Exchange and Bombay Stock Exchange.

B L Kashyap & Sons continues to demonstrate its resilience and growth potential in the construction sector, with these Q1 results marking a strong start to the fiscal year.

B L Kashyap & Sons , a prominent construction company, has announced a significant new project win, bolstering its order book and market position in the commercial real estate sector.

Project Details

The company has secured a new order worth ₹152.00 crores from Embassy Development Limited, a well-known name in the real estate industry. The scope of work includes civil and structural construction for a project located in Bengaluru. This domestic contract excludes GST and is expected to be completed within approximately 18 months from the date of site handover.

Contract Specifics

Corporate Governance

In line with regulatory requirements and transparency practices, B L Kashyap & Sons has confirmed that:

1. The promoter or promoter group companies have no interest in Embassy Development Limited, the entity awarding the contract.
2. The transaction does not fall within the purview of related party transactions.

Project Commencement

The Letter of Intent (LOI) for this project was received on July 23, 2025, at 2:48 PM, marking the official start of the contract proceedings. The company made this announcement in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This new order underscores B L Kashyap & Sons' continued strength in securing significant projects in the construction sector, particularly in the thriving Bengaluru market. The project not only adds to the company's order book but also reinforces its position as a preferred partner for major real estate developers in India.