NIBE wins Rs 20.57 crore domestic defence structures order
NIBE · price
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NIBE received a domestic purchase order worth Rs 20.57 crore, including taxes, to manufacture and supply Hull Engine Deck and Turret Structure Assembly. Deliveries are to be made in stages by August 2026. The customer is described as a leading Indian infrastructure and defence company.
The order supports revenue visibility and strengthens NIBE's defence business, but profit margins and delivery costs were not disclosed.