Supreme Power Equipment Shares Surge Following ₹75 Crore Order
Supreme Power Equipment rises after bagging Rs 75-cr order
Business Standard
Image: Business Standard
Supreme Power Equipment's shares increased by 3.28% to ₹240.95 after securing a ₹74.60 crore order from a Hyderabad-based company for power transformers. The project, valued at ₹51.30 crore and ₹23.30 crore, is expected to be completed within 13 months.
- 01Supreme Power Equipment's stock rose by 3.28% after a significant order.
- 02The order is valued at ₹74.60 crore from a company in Hyderabad.
- 03It includes supply of 20 MVA and 160 MVA transformers.
- 04The project timeline is set for 13 months.
- 05The company reported a 6.8% increase in net profit for Q3 FY26.
Advertisement
In-Article Ad
Supreme Power Equipment's shares experienced a 3.28% increase, reaching ₹240.95, following the announcement of a substantial order worth ₹74.60 crore from a Hyderabad-based company. This order includes the supply of 20 MVA power transformers valued at ₹51.30 crore and 160 MVA transformers worth ₹23.30 crore. The project is scheduled for completion within 13 months. Additionally, the company's consolidated net profit rose by 6.8% to ₹3.46 crore, supported by a 23.1% increase in revenue from operations, totaling ₹35.83 crore in Q3 FY26 compared to the same quarter last year.
Advertisement
In-Article Ad
The order is likely to enhance the company's production capabilities and could lead to job creation in the local area.
Advertisement
In-Article Ad
Reader Poll
Do you think Supreme Power Equipment will continue to grow after this order?
Connecting to poll...
Read the original article
Visit the source for the complete story.