Twamev Construction and Infrastructure Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Twamev Construction and Infrastructure Limited has announced a board meeting on the approval of the financial results for the quarter and year ended March 31, 2025. Consolidated revenue from operations jumped to ₹84.86 Cr from ₹53.05 Cr, aided by ₹21.33 Cr in unbilled revenue. The company swung to a consolidated net profit of ₹55.98 Cr versus a loss last year. Exceptional items impacted numbers with provisions of ₹44.33 Cr and arbitration awards contributing ₹106.72 Cr. Net worth strengthened to ₹303.62 Cr. Key auditors were re-appointed for FY26. The company is progressing on account upgrades to finalize its resolution plan.