• Saudi Tower Project: Garuda secured a contract to construct a 93-storey tower on the Jeddah Corniche spanning 16.5 lakh sq ft, featuring a 320-room five-star hotel and residential flats, targeted for completion within four to five years.
• Order Book Expansion: The company's total order book has reached approximately ₹7,000 crore, with an additional pipeline of ₹2,000 crore to ₹3,000 crore in similar projects awaiting LOI signings.
• Project Size Strategy: Management is shifting away from contracts sized at ₹200 crore to ₹300 crore to focus exclusively on high-margin, marquee projects with ticket sizes exceeding ₹1,000 crore.