Receipt of Purchase Order of Rs. 81,45,417 From M/s Rocks and Roots and M/s Mumbai International Airport Limited.
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Harshdeep Hortico has received two domestic purchase orders totaling Rs. 81,45,417 for supply of flower pots. The first order of Rs. 47,23,382 is from Rocks n Roots for delivery at Vizag International Airport, with a 30-day execution timeline. The second order of Rs. 34,22,035 is from Mumbai International Airport Ltd for delivery at Mumbai International Airport, with a 6-month execution timeline. Both orders are from domestic entities, and there is no promoter or related party interest involved. The orders are inclusive of all taxes.
These orders add Rs. 81.45 lakhs to the company's order book, offering modest near-term revenue visibility. With execution spread across 30 days and 6 months, revenue recognition will be staggered over the coming quarters.