Sigachi Arabia projects $180 Mn revenue visibility for FY 2024-25

Sigachi Arabia, a Joint Venture (JV) between Sigachi Industries Limited's wholly owned subsidiary Sigachi MENA FZCO and Saudi National Projects Investment Limited (SNP), has projected a revenue visibility of USD 180 Million for the Financial Year 2024-25. The revenue is anticipated to be generated primarily from Saudi Government Tenders and engagements with large corporates. Leveraging the local presence, Sigachi Arabia aims to capitalize on the opportunities presented within the Saudi Arabian market.

Sigachi MENA FZCO will hold 75% stake and SNP, 25% in the Sigachi Arabia.

Source : Equity Bulls

Keywords

SigachiIndustries SigachiMENAFZCO SigachiArabia JV SaudiNationalProjectsInvestment RevenueVisibility FY2025