Tolins Tyres Limited has informed the Exchange about General Updates with respect to the receipt of purchase orders from Institute of Road Transport (IRT).
TOLINS · price
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Tolins Tyres has secured a rate contract order valued at approximately Rs. 40 crore to Rs. 50 crore from the Institute of Road Transport (IRT), a Tamil Nadu government body. The order is for supplying Precured Tread Rubber, Bonding Gum, and Black Vulcanizing Cement to State Transport Undertakings (STUs) across Tamil Nadu. The contract is to be executed over six months starting October 31, 2025, or until the next tender is finalized. This is a domestic order with no related party interest involved.
This is a positive development as it adds a meaningful new government-backed revenue stream worth Rs. 40-50 crore, providing near-term revenue visibility. For shareholders, it signals growing institutional demand for the company's products and entry into the state transport segment, which could support earnings in the coming quarters.