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Interarch Building Products Limited secures new orders worth INR 634 Cr



Posted On : 2024-09-20 14:00:15( TIMEZONE : IST )

Interarch Building Products Limited secures new orders worth INR 634 Cr

Interarch Building Products Limited (BSE Code: 544232) (NSE: INTERARCH), a leading player in the Pre-Engineered Building (PEB) Industry, today announced that the company has secured new orders worth INR 633.5 CR, in this financial year. During the first quarter, the company secured new orders of INR 341 CR and for Q2 FY25 till 14th September 2024, the company has secured orders of INR 293 CR. The company's order book as on September 14, 2024, stood at INR 1,350 CR.

Key orders in Q1 FY25 include:

- Reliance Industries for INR 114 CR
- Ampin Solar for INR 60 CR
- IDVB Recycling for INR 10 CR
- SMCC Construction for INR 10 CR
- Uttam Bharat for INR 11 CR
- Pinnacle Industries for INR 11 CR
- Dantal Hydraulic for INR 11 CR
- Vinplex Logistics for INR 19 CR
- Brit Logistics for INR 22 CR
- Tata Advanced Systems for INR 14 CR and
- Beumar India for INR 26 CR.

Key orders in Q2 FY25 (till 14th September 2024) include:

- Amaraja Infra for INR 50 CR
- Ashok Leyland for INR 26 CR
- Brit Logistics for INR 19 CR
- Maccabee India for INR 12 CR and
- Shree Sai Ganesh for INR 11 CR

Speaking on the announcement, Mr. Arvind Nanda, Managing Director, Interarch Building Products Limited said, "We are thrilled with our robust performance in the first half of FY25, securing orders worth INR 634 CR. This milestone underscores our ability to deliver high-quality pre-engineered building solutions across a wide range of sectors, including Automotive, Renewables, and Semiconductors. We are committed to building on this momentum, continuing to expand into new sectors, and providing value-driven solutions for all our customers and stakeholders."

Shares of Interarch Building Products Limited was last trading in BSE at Rs. 1181.25 as compared to the previous close of Rs. 1220.40. The total number of shares traded during the day was 17341 in over 1538 trades.

The stock hit an intraday high of Rs. 1245.20 and intraday low of 1167.75. The net turnover during the day was Rs. 20705498.00.

Source : Equity Bulls

Keywords

InterarchBuildingProducts CivilConstruction INE00M901018 PEB OrderWin