Gujarat Toolroom executes Rs. 550 million Order

The company has announced a substantial enhancement in Gujarat Toolroom Limited's revenue outlook. As of the present, the order book stands impressively at over Rs. 3 billion, paving the way for a promising performance in the upcoming two quarters. Anticipating a minimum bottom line of 9-10%, this order book comprises diverse import-export orders from both domestic and international clients.

In a recent accomplishment, Gujarat Toolroom Limited (India) has successfully executed an order valued at Rs. 550 million, achieving a commendable bottom line of Rs. 55 million. The company is committed to executing the remaining orders as scheduled, and expects a significant turn-around in its financials, particularly with the imminent commencement of operations at its Zambia Mines within the next 6-8 months.

This robust order book, coupled with strategic business plans and the forthcoming operation of the Zambia Mines, positions Gujarat Toolroom Limited for substantial growth and success in the foreseeable future.

Source : Equity Bulls

Keywords

GujaratToolrom OrderBook RevenueOutlook Export Import