The contract is valued at Rs 11.78 crore (including GST) and is expected to be completed within 24 months.
SWPEL is an integrated service provider, providing end-to-end drilling & exploration of natural resources viz. coal, ferrous, non-ferrous & atomic minerals and conventional & non- conventional oil & gas and ground water investigation.
The company’s consolidated net profit surged over twentyfold to Rs 8.36 crore in Q2 FY26 from Rs 0.40 crore in Q2 FY25. Revenue from operations surged 128.2% YoY to Rs 62.44 crore in Q2 FY26.
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