The order entails the supply and manufacture of backplane module assemblies. The total cost of the order is $2,261,769.60, equivalent to Rs 19.33 crore.
DCX Systems is one of the leading Indian manufacturers of electronic sub-systems and cable harnesses in the defense and aerospace sectors. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.
The company reported a 69.4% decrease in consolidated net profit to Rs 2.94 crore on 18.8% decline in revenue from operations to Rs 138.08 crore in Q1 FY25 over Q1 FY24.
The scrip rose 0.70% to currently trade at Rs 360.70 on the BSE.