Deals18 Sept 2024, 04:48 pm
Trishakti Industries Secures Largest Contract Ever, Surpasses 50% Capex for FY 2024-25
AI Summary
Trishakti Industries Ltd. has announced a major contract win with JINDAL PARADIP PORT LTD through its subsidiary PPEL Ltd. The contract, worth INR 60 million, is the largest in the company's history and surpasses more than 50% of the projected capital expenditure (capex) for the financial year 2024-25. This significant milestone strengthens Trishakti's position in the infrastructure equipment rental industry and demonstrates its ongoing growth strategy.
Key Highlights
- Trishakti Industries secures largest contract in company's history worth INR 60 million
- Contract with JINDAL PARADIP PORT LTD's subsidiary PPEL Ltd
- Surpasses more than 50% of the projected capex for FY 2024-25
- Marks a significant milestone in the company's growth strategy
- Further strengthens Trishakti's position in the infrastructure equipment rental industry