Business Update30 Apr 2026, 04:24 pm
M&B Engineering secures ₹71.95 Cr domestic order for steel structures
AI Summary
M&B Engineering Ltd, along with its wholly-owned subsidiary Phenix Building Solutions Private Limited, has secured a significant domestic order valued at ₹71.95 Crores + GST. The order encompasses the design, manufacturing, and supply of Pre-Engineered Building/Structural Steel. Notably, the subsidiary will handle an erection order component worth ₹14.32 Crores + GST. The execution of this order is expected to be completed within 7.5 months. The customer's identity remains confidential due to non-disclosure agreements. This order is a positive development, enhancing the company's order book and revenue visibility.
Key Highlights
- M&B Engineering secured a domestic order worth ₹71.95 Crores + GST.
- The order is for design, manufacturing, and supply of steel structures.
- Subsidiary Phenix Building Solutions will execute a ₹14.32 Cr erection order.
- The order is expected to be completed within 7.5 months.
- This enhances the company's order book and revenue visibility.