JKB Financial Services Ltd.

As on : 28-Jul-2026

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28-Jul-2026 09:35

Om Infra rallies after emerging as L1 bidder for Rs 569-cr Chhattisgarh barrage project

The project involves the construction of the Mohmela Sirpur Barrage on the Mahanadi River in Arang tehsil of Raipur district, Chhattisgarh.

The scope of work includes the construction of the barrage, development of a pipe irrigation network, and operation and maintenance of the project for five years after the completion of construction. The contract is valued at Rs 568.98 crore.

Management Commentary, We are highly encouraged to be declared the lowest bidder for this prestigious, modern irrigation infrastructure project. This project underscores Om Infra's deep execution capabilities in both complex civil engineering'like barrage and hydro-mechanical works'and highly advanced micro-irrigation systems. This project will bring highly efficient, sustainable water management to the region.'

OM Infra is a leading infrastructure development company specializing in engineering, procurement, and construction (EPC) projects for water management, engineering, and construction.

For the quarter ended 31 March 2026, the company reported a 56.32% decline in consolidated net profit to Rs 6.46 crore from Rs 14.79 crore in the corresponding quarter of the previous year. Revenue from operations fell 6.89% year-on-year to Rs 160.10 crore in Q4 FY26.

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