Markolines Secures Major Highway Maintenance Contracts

Markolines has secured a significant Rs 100 crore order from Trans Metalite India for road maintenance in Andhra Pradesh. With additional orders totaling nearly Rs 97.47 crore, the company is set to bolster its revenue over the next 24 months, reflecting strong client trust and infrastructure growth.

Markolines, a key highway infrastructure solutions provider, announced on Wednesday that it has secured a substantial contract valued at Rs 100 crore from Trans Metalite India for road repair and maintenance work in Andhra Pradesh.

The contract is slated for completion over a five-year period, highlighting the company's growing portfolio and reliability in the sector.

In addition to this major order, Markolines has received several other contracts in the ongoing fiscal year, cumulatively worth nearly Rs 97.47 crore, including repeat business from Varanasi Aurangabad NH-2 Tollway Private Ltd. This positions the Mumbai-headquartered firm for significant revenue growth over the next 12 to 24 months.

(With inputs from agencies.)