Mumbai, May 21 -- The LoI is for execution of civil and structural works for the Embassy Eden project in Bengaluru.

The contract, awarded by a domestic entity, is an item rate contract and will be executed over a period of 34 months from the date of handing over of the site to the contractor. The total contract value stands at Rs 133.34 crore.

The company further clarified that neither the promoter group nor group companies have any interest in the awarding entity and that the contract does not fall under related party transactions.

The company reported a consolidated net profit of Rs 114.15 crore in Q4 FY26, compared with a net loss of Rs 85.50 crore in the corresponding quarter last year.Revenue from operations jumped 177.3% to Rs 1,...