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BL Kashyap Seals Massive ₹254 Crore Deal with DLF: But Q2 Results Show a Worrying Trend!

Industrial Goods/Services

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Published on 25th November 2025, 8:16 AM

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Author

Simar Singh | Whalesbook News Team

Overview

BL Kashyap and Sons has secured a ₹254 crore contract from DLF Home Developers for civil structural, finishing, and waterproofing work on a Gurugram project, with a 37-month execution period. This boosts their order book to ₹4,000 crore. However, the company reported a 32% revenue growth to ₹355 crore in Q2 FY26, while EBITDA remained flat and they posted a net loss of ₹8.6 crore, reversing a profit from the previous year. The stock has seen a significant decline over the past year.