The order involves design, supply, installations, testing, commissioning of ELV raceways and cable tray work at Udaipur Air Terminal, Rajasthan.
The project is to be executed within 6 months from the effective date of the contract.
The total cumulative value of work orders received for the Udaipur Air Terminal project now stands at Rs 56.36 crore.
The promoter/promoter group/group companies have no interest in the entity that awarded the contract.
The order does not qualify as a related party transaction.
Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment.
The company’s consolidated net profit rose 4.9% to Rs 2.81 crore on 49.2% increase in revenue form operations to Rs 55.09 crore in Q4 FY25 over Q4 FY24.
The scrip tanked 4.99% to settle at Rs 122.30 on Friday, 4 July 2025.