Shivalic Power Control Secures ₹22.6 Million in New Orders, Strengthens Market Position

Shivalic Power Control Ltd. has announced that it has secured new orders totaling ₹22.6 million, reinforcing its strong presence in the electrical panel manufacturing sector. The company continues to expand its portfolio of LT and HT panels, catering to industrial and commercial clients.

 

Order Details:

Market Expansion:

Financial Performance:

The company’s consolidated net profit surged 55.5% to ₹11.21 crore, driven by a 24.4% increase in revenue to ₹102.18 crore in FY24.

 

Stock Market Reaction:

Following the announcement, Shivalic Power Control’s stock rose 1.97%, trading at ₹129.30.

 

Shivalic Power Control’s latest order wins highlight its continued growth trajectory, reinforcing its position as a key player in India’s electrical panel manufacturing industry.

 

Source: Business Standard, Economic Times, and Shivalic Power Control Updates.