New Launch1 Aug 2025, 01:00 pm
Trishakti Industries to Deploy Heavy Lifting Equipment for Reliance Industries, Capital Expenditure of ₹ 13.50 Crores
AI Summary
Trishakti Industries Limited 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 ₹ 13.50 crores in a single tranche, towards the acquisition of Hydraulic truck-mounted cranes. This brings the cumulative capital expenditure for FY 2025-26 to approximately ₹ 39 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 Limited for heavy lifting equipment deployment.
- The company has undertaken a fresh capital expenditure of approximately ₹ 13.50 crores for Hydraulic truck-mounted cranes.
- Cumulative capital expenditure for FY 2025-26 stands at approximately ₹ 39 crores.
- This development reflects the company’s aggressive growth and asset build-out strategy.
- The new equipment deployment is expected to positively impact revenues and profitability in the upcoming quarters.