Rishabh signs Euro 1mn contract with leading European Company

Rishabh Instruments Limited (RIL) signs Euro €1 million (~₹10 Crores) contract with leading Electrical equipment supplier in Europe.

Rishabh Instruments Limited, a global energy efficiency solution company, is pleased to announce that it has signed a large contract with a leading Electrical equipment supplier in Europe. The contract, valued at Euro €1 million (~ Rs 10 Crores), covers the supply of Low Voltage Current Transformers (CTs), with deliveries scheduled equally across FY26 and FY27.

This order is the outcome of several months of close collaboration, resulting in a customised solution engineered to meet clients specific technical and operational requirements. It stands as a strong testament to the quality and technological capability of the company.

As a leading global player in the Low Voltage CT segment, this order represents an important milestone in RIL's international growth strategy. It reinforces our position as a preferred partner for high-performance, reliable, and energy-efficient measurement solutions with customer-centric approach.

Commenting on the announcement, Mr Dineshkumar Musalekar, Whole-Time Director of Rishabh Instruments Limited, said, "This €1 million order is a strong endorsement of Rishabh Instruments' expertise in precision engineering and our ability to co-create solutions with global partners. It also reaffirms our strategic focus on expanding our international footprint with high-performance, value-driven offerings. We remain committed to delivering excellence and building long-term customer relationships worldwide.

This collaboration establishes a strong foundation for long-term growth in Europe's rapidly evolving energy landscape and aligns with our broader ambition to strengthen Rishabh Instruments' international presence. We remain committed to delivering high-value, technology driven solutions to our customers worldwide."

Shares of Rishabh Instruments Limited was last trading in BSE at Rs. 388.60 as compared to the previous close of Rs. 408.70. The total number of shares traded during the day was 2780 in over 171 trades.

The stock hit an intraday high of Rs. 410.55 and intraday low of 385.05. The net turnover during the day was Rs. 1095716.00.

Source : Equity Bulls

Keywords

RishabhInstruments INE0N2P01017 ElectricalEquipment Contract Europe