Company has received a work order from M/s Larsen & Toubro Limited, construction amounting to Rs. 2.31 Crore (inclusive of taxes)
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Expo Engineering and Projects Limited has received a work order from Larsen & Toubro Limited, Construction for Rs. 2,31,28,000 (approximately Rs. 2.31 Crore, inclusive of 18% GST). The order involves manufacturing 200 MT of Cast House Deducting Ducts for the AMNS BF#3 Project located at Hazira, Gujarat. The delivery is scheduled for June 30, 2026. This is a domestic order placed in the normal course of business, and there is no related party involvement. The order is received from L&T's construction division based in Chennai.
This is a positive development as the company secures a contract from a reputable client like L&T. However, the order size of Rs. 2.31 crore is modest, and without knowing the company's total revenue, it's difficult to assess the material impact on financials. Shareholders should monitor if similar orders continue to flow in.