Investment15 Jul 2025, 01:32 pm
Trishakti Industries Completes ₹19 Crore Capital Expenditure for Reliance Industries' Renewable Energy Project
AI Summary
Trishakti Industries Ltd. has completed a ₹19 crore capital expenditure for the purchase of hydraulic truck-mounted cranes to support a renewable energy project of Reliance Industries Ltd. This is the largest single capital outlay by the company for a single project and is a part of its strategy to strengthen its presence in the infrastructure equipment hiring segment. The cumulative capital expenditure for FY26 has reached ₹25 crores, which is expected to contribute significantly to revenue and profitability in the upcoming quarters.
Key Highlights
- Trishakti Industries completed a ₹19 crore capital expenditure for Reliance Industries' renewable energy project.
- This is the largest single capital outlay by the company for a single project.
- The cumulative capital expenditure for FY26 has reached ₹25 crores.
- The investment is expected to contribute significantly to revenue and profitability in the upcoming quarters.
- This move strengthens Trishakti's presence in the infrastructure equipment hiring segment.