Twamev Construction and Infrastructure Limited — Important, 28-05-2025: General Updates

Twamev Construction & Infrastructure Ltd has announced a board meeting on the financial results for the quarter and half-year. Under new promoters since late 2023, the company reported a 60% revenue jump to ₹84.86 Cr and EBITDA turned positive at ₹107.15 Cr. PAT rose to ₹55.98 Cr, boosted by exceptional income. The company is shifting to an asset-light model with cost rationalization and selective projects. Key initiatives include the ₹175 Cr Shillong Ropeway JV, plus plans to expand into railways, highways, and water infrastructure, supported by promoter equity infusion and fresh working capital.