Markolines Pavement Technologies Limited (BSE: 543364, NSE: MARKOLINES) has received two Letters of Acceptance-cum-Work Orders from the Brihanmumbai Municipal Corporation (BMC) totaling ₹135.20 crore inclusive of GST.
- The contracts involve specialized microsurfacing and resurfacing work across major arterial highway corridors in Mumbai.
- The Eastern Express Highway project is valued at ₹63.23 crore (inclusive of GST) for resurfacing critical portions via microsurfacing.
- The Western Express Highway order involves carriageway improvements using microsurfacing techniques, valued at ₹71.97 crore (inclusive of GST).
- Following these awards, the company's total unexecuted order book reached ₹624.22 crore.
While the order win of Rs 135. 20 crore represents ~38. 5% of Markolines' TTM revenue (Rs 351.
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