Supreme Infrastructure India Secures INR 71.31 Crore Contract for Excavation in Powai

1 min read     Updated on 10 Dec 2025, 11:19 AM
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Overview

Supreme Infrastructure India Limited (SIIL) has been awarded a contract worth INR 71.31 crore for major excavation and shore piling works at One Forest Avenue, Powai, Mumbai. The project, awarded by BSS Property Ventures Private Limited and Rajeshwar Property Ventures Private Limited, involves excavating 4,50,000 cubic meters of soil and rock, and shore piling with 300mm diameter at an average depth of 15 meters. The contract duration is set for 12 months and represents the initial phase of a larger development project in a prominent Mumbai location.

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*this image is generated using AI for illustrative purposes only.

Supreme Infrastructure India Limited (SIIL) has announced a significant contract win, bolstering its position in the specialized domain of deep-excavation and geotechnical infrastructure. The company has been awarded a contract valued at INR 71.31 crore for major excavation and shore piling works at One Forest Avenue, Powai, Mumbai.

Contract Details

Aspect Details
Contract Value INR 71.31 crore (exclusive of taxes)
Awarding Entities BSS Property Ventures Private Limited and Rajeshwar Property Ventures Private Limited
Project Location One Forest Avenue, Powai, Mumbai
Project Duration 12 months

Scope of Work

The project encompasses substantial excavation and shore piling work:

Work Type Quantity/Specifications
Excavation 4,50,000 Cubic Meters (soil and rock, both weathered and hard)
Shore Piling 300mm diameter with an average depth of 15 meters, including rock anchoring

Project Significance

This contract represents the initial phase of a larger development project in one of Mumbai's prominent locations. The awarded work is crucial for laying the foundation for subsequent construction phases.

Company's Commitment

Supreme Infrastructure India Limited has expressed its commitment to delivering high-quality, timely, and technically superior construction solutions. This project further solidifies the company's expertise in specialized excavation and geotechnical infrastructure work.

Market Impact

While the immediate financial impact of this contract on SIIL's overall performance remains to be seen, it demonstrates the company's ability to secure significant projects in competitive markets. Investors and market watchers may view this as a positive indicator of the company's project pipeline and operational capabilities.

As the infrastructure sector continues to play a vital role in India's economic development, contracts of this nature highlight the ongoing opportunities for specialized construction firms like Supreme Infrastructure India Limited.

Note: Investors are advised to conduct their own research and consider market conditions before making investment decisions based on this news.

Historical Stock Returns for Supreme Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+1.02%+0.44%-1.74%-26.26%-14.67%+485.17%
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Supreme Infrastructure India Reports Exceptional Profit of ₹6,306 Crore, Appoints New Director

1 min read     Updated on 29 Nov 2025, 02:58 PM
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Reviewed by
Ashish TScanX News Team
Overview

Supreme Infrastructure India Limited (SIIL) posted a profit of ₹6,306.00 crore for Q2 FY2026, driven by exceptional gains of ₹6,466.00 crore from debt settlement. Revenue increased by 60.71% to ₹13.50 crore. The company appointed Mr. Chander Parkash Sharma as Additional Non-Executive Director and approved issuance of NCDs worth ₹45.00 crore. Despite the profit, SIIL faces operational challenges with an operating loss of ₹2.80 crore in the previous quarter.

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*this image is generated using AI for illustrative purposes only.

Supreme Infrastructure India Limited (SIIL) has reported a remarkable turnaround in its financial performance for the quarter ended September 30, 2025, posting a profit of ₹6,306.00 crore. This significant improvement was primarily driven by exceptional gains of ₹6,466.00 crore from debt settlement under the company's approved scheme of arrangement.

Financial Highlights

The company's financial results for the quarter show a stark contrast to its recent performance:

Metric Q2 FY2026 (Sep 2025) Q1 FY2026 (Jun 2025) Change
Net Profit ₹6,306.00 crore ₹(399.90) crore Significant improvement
Revenue ₹13.50 crore* ₹8.40 crore 60.71% increase
EPS ₹1,043.40** ₹(155.62) Turned positive

*Estimated based on half-yearly revenue of ₹21.83 crore **Calculated based on reported profit

The exceptional item of ₹6,466.00 crore relates to gains from debt settlement, which has transformed the company's financial position. This settlement is part of the Scheme of Arrangement approved by the National Company Law Tribunal, Mumbai Bench.

Operational Performance

Despite the significant bottom-line improvement, SIIL's operational performance continues to face challenges:

  • Revenue for the half-year ended September 30, 2025, stood at ₹21.83 crore, indicating a decline from previous periods.
  • The company reported an operating loss (EBITDA) of ₹2.80 crore for the quarter ended June 2025, suggesting ongoing operational difficulties.

Corporate Actions

In addition to the financial results, Supreme Infrastructure announced several corporate actions:

  1. New Director Appointment: Mr. Chander Parkash Sharma has been appointed as an Additional Non-Executive Director, effective November 28, 2025. His experience in infrastructure and logistics is expected to bring valuable insights to the board.

  2. Non-Convertible Debentures (NCDs) Issuance: The board has approved the issuance of NCDs worth ₹45.00 crore on a private placement basis. This move aims to strengthen the company's financial position further.

Future Outlook

While the debt settlement has significantly improved SIIL's balance sheet, the company still faces operational challenges. The appointment of Mr. Sharma and the NCD issuance indicate efforts to strengthen governance and financial stability.

Investors should note that while the exceptional gain has boosted profits, sustainable growth will depend on improving core operations and successfully implementing the debt restructuring plan.

Market Impact

The stock market's reaction to this news will be crucial to watch, as investors weigh the one-time gain against the company's ongoing operational performance and future prospects in the infrastructure sector.

Historical Stock Returns for Supreme Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+1.02%+0.44%-1.74%-26.26%-14.67%+485.17%
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