Gayatri Rubbers Secures ₹10.4 Million in New Orders

Gayatri Rubbers and Chemicals Limited has announced the receipt of new work orders totaling ₹10.4 million. This latest development continues the company's trend of securing significant contracts in recent months. In September 2024, Gayatri Rubbers bagged orders worth ₹2.59 million from Indian Railways, followed by a ₹2.1 million contract for smart meter components in October 2024. The company, known for its diverse range of rubber products, has been expanding its presence in various sectors, including railways and smart meter manufacturing. This new influx of orders is expected to bolster Gayatri Rubbers' financial performance, building on its reported revenue growth to ₹24.41 crore in March 2023.

 

Source: Dalal Street Investment Journal