Power & Instrumentation (Gujarat) Limited has informed the Exchange regarding a press release dated July 07, 2025, titled "Press Release- Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015".
PIGL · price
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Awaiting price reaction for this filing.
PIGL has secured a new work order worth ₹2.59 Crore (including GST) from Nyati Engineering & Construction for ELV raceways and cable tray work at the Udaipur Air Terminal in Rajasthan, to be completed within 6 months. This is the company's 5th contract for the same project, with earlier orders worth ₹21.41 Cr (May 5), ₹24.77 Cr (May 21), ₹6.25 Cr (June 5), and ₹1.33 Cr (June 9), taking the cumulative Udaipur Air Terminal order value to ₹56.36 Crore. PIGL specializes in electrical EPC solutions and has completed over 35 airport infrastructure projects across India. For FY25, the company reported standalone Total Income of ₹171.28 Cr, EBITDA of ₹19.59 Cr, and Net Profit of ₹11.75 Cr.
Repeat orders from the same client on a marquee aviation project signal strong execution credibility and provide solid near-term revenue visibility, likely to be viewed positively by the market. The growing order book strengthens PIGL's credentials for future high-value infrastructure contracts.