Page 26 - Cube Highways News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HCC revenue grows 76% sequentially to Rs. 7822.3 cr Posted On: 2021-02-09 04:43:06 (Time Zone: Arizona, USA) HCC recorded Consolidated Gross Revenue of Rs. 2,416.9 crore for the quarter ended December 31, 2020, and Net Profit of Rs. 118.6 crore compared to Revenue of Rs. 2,363.8 crore and Net Profit of Rs. 223.3 crore in the corresponding period last year. With labour at various project sites reaching pre-Covid levels, the revenue for HCC E&C standalone picked up to Rs. 822.3 crore in Q3 FY21, achieving sequential growth of 76%. However, revenues declined by 14% y-o-y due to lingering im...

Cube Highways and Infrastructure I-D Pte Ltd (Cube Highways), a portfolio company of I Squared Capital, has entered into a concession agreement with the National Highways Authority of India (NHAI) to operate an 80-kilometre, four-lane toll road connecting Neelamangala and Devihalli in Karnataka. As part of the transaction, Cube Highways has replaced the former concessionaire, Lanco Devihalli Highways (LDHL), by incorporating a new SPV, Nelamangala Devihalli Expressway (NDEPL), pursuant to the substitution rights of the senior lenders in the concession agreement. “We are pleased to comple...

Cube Highways and Infrastructure I-D Pte Ltd (Cube Highways), a portfolio company of I Squared Capital, has entered into a concession agreement with the National Highways Authority of India (NHAI) to

Cube Highways takes over 80-km Karnataka road stretch from Lanco Infra Cube Highways is a portfolio company of Isquared Capital, which is fully-owned by Abu Dhabi Investment Authority, and mostly invests in Indian roads and highways. PTI Infra Singapore-based Cube Highways & Infrastructure on Tuesday signed an agreement with the National Highways Authority of India (NHAI) to take over Neelamangala-Devihalli highway in Karnataka for an undisclosed amount. The project was being operated by the now crippled Lanco Infrastructure, Cube Highways said in...

RInfra sold 74% equity stake in PKTCL to IndiGrid Our Bureau Mumbai January 9 | Updated on January 09, 2021 Transaction valued at ₹900 crore Reliance Infrastructure Limited (RInfra) has sold its entire 74 per cent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid Trust (IndiGrid) for an enterprise value of ₹900 crore. RInfra owns 74 per cent in PKTCL located in the state of Himachal Pradesh and Punjab in joint venture with Power Grid Corporation of India Limited (PGCIL). The deal was announced in November 2020 with the signing of a definitive binding agre...