Man Industries (India) Limited on Thursday announced that it has secured a new order worth approximately Rs 555 crore for supply of various types of pipes. “We are pleased to inform you that the Company has received new orders of approximately Rs 555 crore,” the company said in a regulatory filing.
“This order reflects the robust business environment and showcases the trust of the customers they have in the Company’s technological and executional capabilities,” it added. With this, the total executed order book as of date stands at approximately Rs 2000 crore.
The order is to be executed in the next 6 months.
Earlier this month, the company had announced that it had bagged orders worth approximately Rs 525 crore for supply of various types of pipes. Managing Director of Man Industries, Nikhil Mansukhani had said, “Being integral to multiple projects, these orders stand as a testament to Man Industries’ advanced technological capabilities and robust execution and delivery strategies. We foresee more to come this year, as our plans continue to be ambitious.”