+
Power & Instrumentation (Gujarat) Gains After Rs 25.9 Million Work Order
POWER & RENEWABLE ENERGY

Power & Instrumentation (Gujarat) Gains After Rs 25.9 Million Work Order

Power and Instrumentation (Gujarat) saw its shares rise by 2.40 per cent to Rs 115 following the announcement of a work order from Nyati Engineering & Construction valued at Rs 25.9 million.

The order covers the design, supply, installation, testing and commissioning of ELV raceways and cable tray work at Udaipur Air Terminal in Rajasthan. The project is scheduled for completion within six months from the contract’s effective date.
With this latest award, the total cumulative value of work orders for the Udaipur Air Terminal project now stands at Rs 563.6 million.

The promoter, promoter group, and group companies have no interest in Nyati Engineering & Construction, confirming that this order does not qualify as a related party transaction.

Power and Instrumentation (Gujarat) specialises in electrical contract work and the supply of electrical equipment.

In the fourth quarter of FY25, the company reported a consolidated net profit of Rs 28.1 million, up 4.9 per cent, on a 49.2 per cent rise in revenue from operations to Rs 550.9 million compared to the same period in FY24.

Power and Instrumentation (Gujarat) saw its shares rise by 2.40 per cent to Rs 115 following the announcement of a work order from Nyati Engineering & Construction valued at Rs 25.9 million.The order covers the design, supply, installation, testing and commissioning of ELV raceways and cable tray work at Udaipur Air Terminal in Rajasthan. The project is scheduled for completion within six months from the contract’s effective date.With this latest award, the total cumulative value of work orders for the Udaipur Air Terminal project now stands at Rs 563.6 million.The promoter, promoter group, and group companies have no interest in Nyati Engineering & Construction, confirming that this order does not qualify as a related party transaction.Power and Instrumentation (Gujarat) specialises in electrical contract work and the supply of electrical equipment.In the fourth quarter of FY25, the company reported a consolidated net profit of Rs 28.1 million, up 4.9 per cent, on a 49.2 per cent rise in revenue from operations to Rs 550.9 million compared to the same period in FY24.

Next Story
Building Material

Viva ACP Launches Experience Centre in Nashik

Viva ACP, one of Asia’s leading manufacturers of Metal Composite Panels (MCP), has unveiled a new state-of-the-art Experience Centre in Nashik. Situated at Plot No. 10, Kathe Industrial Estate, Tigrania Road, Dwarka, the centre aims to make Viva’s premium cladding solutions more accessible to architects, developers, and design professionals in Western India. The centre was formally inaugurated by Prakash Jain, Chairman and Managing Director, Viva Composite Panel, along with Nitin Jain and Mayank Jain, Directors at the company. Conceptualised as an interactive and immersive space,..

Next Story
Technology

Hikrobot Launches HDMI Video Micro System in India

India, July 2025: Hikrobot has introduced its HDMI Video Micro System in the Indian market, offering a plug-and-play imaging solution that combines 2K high-definition clarity, real-time streaming, and portability. The system is designed for professionals in sectors such as industrial inspection, medical research, forensic science, education, and precision manufacturing. Unlike traditional imaging setups that require external PCs and complex software, the Hikrobot HDMI Video Micro System provides direct output to an HDMI display, eliminating setup complications and improving usability.&nbs..

Next Story
Real Estate

Stone Wood Hotels Appoints Shishir Kumar Jena as CFO

Stone Wood Hotels & Resorts has announced the appointment of Shishir Kumar Jena as Chief Financial Officer. This key leadership move aligns with the boutique hospitality group’s ongoing national expansion. Shishir Kumar Jena brings over 32 years of experience in hospitality finance, having held senior positions with renowned brands such as Acron, Radisson, and Fortune Inn Exotica. His expertise spans financial strategy, operational efficiency, revenue optimisation, and aligning financial performance with guest satisfaction. Throughout his career, Jena has maintained a consisten..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?