Abhishek Integrations Ltd Wins New Contract of 13.7 Million Rupees

Abhishek Integrations Limited (AIL) has announced the signing of a new contract worth 13.7 million rupees. This newest development contributes to the company's increasing order book, which was 451.46 million rupees as of March 31, 2024. AIL, with expertise in electrical and mechanical installations at some Indian airports, has been diversifying its project portfolio after acquiring Abhishek Associates' business in 2021. The new contract fits the company's growth strategy, which may add to its revenue of 254.76 million rupees in FY 2023-24. This contract victory is likely to further consolidate AIL's leadership in the infrastructure development business.
Source: Company Announcement