Deals14 Oct 2025, 03:07 pm
Trishakti Industries Receives Order from Reliance Industries for Heavy Lifting Equipment Deployment
AI Summary
Trishakti Industries Ltd has received an order from Reliance Industries Limited for the deployment of heavy lifting equipment at one of their key renewable energy projects. The company has undertaken a fresh capital expenditure of approximately INR 24 crores inclusive of taxes for this project. This brings the cumulative capital expenditure for FY 2025-26 to approximately INR 76.50 crores, reflecting the company’s aggressive growth and asset build-out strategy in the infrastructure equipment rental business. This development is expected to have a positive impact on revenues and profitability in the upcoming quarters.
Key Highlights
- Trishakti Industries received an order from Reliance Industries for heavy lifting equipment deployment
- The order is for one of Reliance's key renewable energy projects
- The company has undertaken a fresh capital expenditure of approximately INR 24 crores inclusive of taxes
- This brings the cumulative capital expenditure for FY 2025-26 to approximately INR 76.50 crores
- This development is expected to positively impact revenues and profitability in the upcoming quarters