G G Engineering Ltd has bagged fresh orders for infrastructural steel valued at about Rs 320 Million

GG Engineering has bagged fresh orders for infrastructural steel valued at about Rs 320 Million which will be completed within the Q-2 of current FY.

GG Engineering is targeting a 20%+ growth in revenue from the Infrastructural Steel business during the current F.Y. as compared to the preceding year. The company achieved Rs 995 Million in revenues from Infrastructural Steel during FY 2022-23 and has already executed Rs 332 Million during 2023-24 so far and the fresh orders will take it up to Rs 652 Million by 30th September 2023.

The company is also in advanced stages of exploring to add new productsincluding steel pipes and hollow sectionsto the infrastructure business offings which will add further to the targets set for the business.

Source : Equity Bulls

Keywords

GGEngineering OrderWin Q2FY24