Jainik secures Haryana Government orders worth over Rs 25 crore
JAINIK · price
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Jainik Power Cables has secured Haryana Government supply contracts worth more than Rs 25 crore for overhead conductors and low-tension power cables. Finalized on October 19, the one-year contracts may be extended for another year by mutual agreement. The win expands the company's government market presence, but margins and delivery schedules were not disclosed.
Positive: the contracts add order visibility and may support future revenue, but costs, margins and timing remain unknown.