The total value of the order is Rs 9.49 crore and it is expected to be executed by 30 July 2025.
The official announcement was made on 4 March 2025, after market hours.
Marsons is a multi-product and service organization engaged in the manufacturing, supplying, erecting, testing, and commissioning of power and distribution transformers, with incredible distinction and credibility over the past 60 years. It manufactures distribution and power transformers ranging from 10 KVA to 160 MVA 220 kV class, furnace transformers, dry-type transformers, and various types of special application transformers.
The company’s consolidated net profit surged to Rs 6.32 crore in Q3 FY25, compared to Rs 0.15 crore posted in Q3 FY24. Revenue from operations soared to Rs 44.17 crore in Q3 FY25, compared to Rs 0.65 crore in the same quarter last year.
The scrip rose 0.27% to Rs 129.95 on the BSE.