The order includes an erection component of Rs 10.03 crore to be executed by the subsidiary, M/s. Phenix Building Solutions, the company said in a regulatory filing.
The contract, awarded by a domestic entity, is slated for execution over five months under standard advance and commercial terms.
The company said the customer’s name is confidential and confirmed that neither the promoter nor promoter group has any interest in the awarding entity. The order does not constitute a related party transaction.
M&B Engineering is a design-focused engineering solutions provider in India. It provides turnkey solutions, covering project design, engineering, manufacturing and erection, tailored to meet specific requirements across the industrial and infrastructure sectors.
The company’s consolidated net profit jumped 48.5% to Rs 26.33 crore on a 7.1% rise in revenue from operations to Rs 351.51 crore in Q3 FY26 over Q3 FY25.