Desco Infratech Ltd

The company received a letter of intent worth Rs 9.92 crore from Avantika Gas and a letter of award worth Rs 1.44 crore from BPCL. The contracts cover operation and maintenance of steel and MDPE pipeline networks, as well as PNG connections (domestic, industrial, and commercial) for Indore and Pithampur in Madhya Pradesh. They also include O&M services for PNG domestic and commercial networks in Anandpur Sahib, Punjab. Desco Infratech is an infrastructure company focused on engineering, planning, & construction, particularly in city gas distribution, renewable energy, water, and power sectors. On a full-year basis, the company's net profit surged 172.9% to Rs 9.06 crore on a 102.3% rise in revenue to Rs 59.45 crore in FY25 over FY24. Shares of Desco Infratech fell 2.65% to Rs 206.10 on the BSE.Powered by Capital Market - Live

The projects span four geographical areas awarded by Bharat Petroleum Corporation (BPCL). The company said the win marks a key strategic expansion as it enters a new market in eastern India, strengthening its presence and widening its operational footprint. The aggregate value of the tenders is estimated at a minimum of Rs 7 crore. Desco Infratech is an infrastructure company focused on engineering, planning, & construction, particularly in city gas distribution, renewable energy, water, and power sectors. On a full-year basis, the company's net profit surged 172.9% to Rs 9.06 crore on a 102.3% rise in revenue to Rs 59.45 crore in FY25 over FY24. The counter shed 0.07% to Rs 205 on the BSE. Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining crude oil and marketing petroleum products. The company reported a 168.74% jump in standalone net profit to Rs 6,442.53 crore in Q2 FY26 as against Rs 2,397.23 crore posted in Q2 FY25. Net sales (excluding excise duty) rose 2.09% year-on-year (YoY) to Rs 1,04,912.47 crore in the September 2025 quarter. The counter rallied 3.63% to Rs 367.85 on the BSE. Powered by Capital Market - Live

The company has received a LoA worth Rs 1.77 crore from Maharashtra Natural Gas (MNGL), tied to the L1 and L2 bids disclosed to the exchanges on 26 September 2025. The company clarified that this LOA is part of the Rs 26-crore pipeline it had indicated on 27 October 2025, after being declared the successful bidder. Alongside the MNGL mandate, the company has also secured additional LOAs and purchase orders amounting to approximately Rs 6.31 crore from four clients ' Adani Total Gas (Rs 5,04,88,618.70), KP Energy (Rs 78,25,212), Sundrops Energia (Rs 5,41,813) and Antelopus Selan Energy (Rs 42,65,625) ' further strengthening its project pipeline across the gas and energy infrastructure sectors. The project scope spans a wide range of service and infrastructure works. It includes a two-year rate contract for hiring support services for PNG O&M of PNG connections in PCMC's Chinchwad area for MNGL's CGD network in Pune. The mandates also cover TD to PD services along with LMC and MDPE-associated works for Faridabad and Palwal under RFP_SP_138-ARC-PNG-SERV-TD to PD. In the power infrastructure segment, the company will undertake 33 kV overhead line works in Bharuch and DP structure works in Tapi. Additionally, the scope includes the supply, installation, testing and commissioning of an MDPE pipeline for the Cambey Field project. Desco Infratech added that neither its promoters nor promoter-group entities hold any interest in the awarding companies, and the orders do not fall under related-party transactions. Desco Infratech is an infrastructure company focused on engineering, planning, & construction, particularly in city gas distribution, renewable energy, water, and power sectors. On a full-year basis, the company's net profit surged 172.9% to Rs 9.06 crore on a 102.3% rise in revenue to Rs 59.45 crore in FY25 over FY24. Powered by Capital Market - Live

According to the company's exchange filing, the orders include the development of distribution infrastructure work for Package-05 (Roopnagar) to execute HT/LT infrastructure loss reduction works under the Reforms-Based and Results-Linked, Revamped Distribution Sector Scheme (RDSS) in Punjab and HT cable laying using HDD technology in Gujarat. The total value of the orders stands at Rs 6.64 crore, which will be executed as per the terms of the respective contracts. The company clarified that neither its promoters nor any members of the promoter group have any interest in the awarding authority. It further confirmed that the transaction does not qualify as a related-party transaction under applicable regulations. Desco Infratech is an infrastructure company focused on engineering, planning, & construction, particularly in city gas distribution, renewable energy, water, and power sectors. On a full-year basis, the company's net profit surged 172.9% to Rs 9.06 crore on a 102.3% rise in revenue to Rs 59.45 crore in FY25 over FY24. Powered by Capital Market - Live

Desco Infratech will hold a meeting of the Board of Directors of the Company on 3 November 2025.Powered by Capital Market - Live

The contract involves the laying of underground MDPE pipelines and associated works as part of the City Gas Distribution (CGD) project in Bengaluru, Karnataka. According to the company, the contract is to be executed over a period of 12 months from the date of commencement, as per the terms specified in the letter of award (LOA) issued by GAIL Gas. The order was awarded through a domestic competitive tendering process. Desco Infratech confirmed that there is no involvement of promoters, promoter group, or group companies in GAIL Gas Limited, and the contract does not constitute a related party transaction. It has been awarded on an arm's length basis. The project is aligned with the central government's ongoing efforts to accelerate natural gas infrastructure development across urban India. The CGD network aims to promote cleaner, more sustainable energy solutions in major cities through widespread pipeline connectivity. Desco Infratech is an infrastructure company focused on engineering, planning, & construction, particularly in city gas distribution, renewable energy, water, and power sectors. On a full-year basis, the company's net profit surged 172.9% to Rs 9.06 crore on a 102.3% rise in revenue to Rs 59.45 crore in FY25 over FY24. Powered by Capital Market - Live

Desco Infratech has received new order from Torrent Gas Jaipur of Rs 8.45 crore for laying of MDPE pipeline, PNG connections and associated work for City Gas Distribution Project in Jaipur. Powered by Capital Market - Live

The order involves laying MDPE pipelines, providing PNG connections, and associated works for the city gas distribution project in Jaipur. The total value of the order is Rs 8,45,64,903. The company also clarified that neither its promoters, promoter group, nor group companies have any interest in the entity awarding the contract. Desco Infratech is an infrastructure company focused on engineering, planning, & construction, particularly in city gas distribution, renewable energy, water, and power sectors. On a full-year basis, the company's net profit surged 172.9% to Rs 9.06 crore on a 102.3% rise in revenue to Rs 59.45 crore in FY25 over FY24. Powered by Capital Market - Live

Desco Infratech announced that the 14th Annual General Meeting(AGM) of the company will be held on 30 September 2025.Powered by Capital Market - Live

The scope of the order involves rectification, retesting, and commissioning of the MDPE (Medium-Density Polyethylene) gas pipeline network in Maharashtra. In a regulatory filing, the company clarified that its promoters, promoter group, and related entities have no interest in the awarding entity. Desco Infratech is an infrastructure company focused on engineering, planning, & construction, particularly in city gas distribution, renewable energy, water, and power sectors. On a full-year basis, the company's net profit surged 172.9% to Rs 9.06 crore on a 102.3% rise in revenue to Rs 59.45 crore in FY25 over FY24. Bharat Petroleum Corporation (BPCL) is the second largest Indian oil marketing company (OMC), engaged in the refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted 'Maharatna' status, joining the elite club of companies having greater operational & financial autonomy. The Government of India holds a 52.98% stake in BPCL as of 31 March 2025. Bharat Petroleum Corporation (BPCL) reported a 103.1% jump in standalone net profit to Rs 6,123.93 crore in Q1 FY26 as against Rs 3,014.77 crore posted in Q1 FY25. Net sales (excluding excise duty) declined 0.5% year-on-year (YoY) to Rs 1,12,514.65 crore in the June 2025 quarter. Powered by Capital Market - Live