Earkart Limited has successfully bragged a TLM kits order from Govt. amounting Rs. 2.76 Crores
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Earkart Limited has bagged a government order worth approximately Rs. 2.76 crores (Rs. 2,76,55,844) through the Government e-Marketplace (GeM) portal. The order has been placed by ALIMCO (Artificial Limbs Manufacturing Corporation of India), a Government of India PSU under the Ministry of Social Justice and Empowerment. The contract is for the supply of TLM Kits (LG95) and is a one-time domestic supply contract. The company has stated that the order is expected to contribute positively to its revenue during the contract period.
This is a small but positive development, confirming business activity with a government PSU, which typically carries lower counterparty risk. The order size of ~Rs. 2.76 cr is modest and unlikely to materially move the stock, but it adds to the order book visibility.