+
Josts Wins Rs 56.2m Order From North Bihar Power Utility
Equipment

Josts Wins Rs 56.2m Order From North Bihar Power Utility

Josts Engineering Company climbed 3.34 per cent to Rs 300 after announcing that it had secured an order worth Rs 56.2 million from the North Bihar Power Distribution Company. According to an exchange filing, the contract includes the supply of three Cable Fault Locator Vans equipped with portable generators. The project covers design, assembly, testing and delivery, with completion expected within five months of the purchase order.

The company clarified that neither its promoters nor promoter group have any interest in the awarding authority, and the contract does not qualify as a related-party transaction under regulatory norms.

Josts reported orders in hand totalling Rs 2.13 billion as of 30 September 2025. With a strong order pipeline, the firm said it anticipates improved performance in the second half of FY25–26. Based in Mumbai, Josts Engineering manufactures and supplies material-handling equipment and engineering products for a range of industries.

On a standalone basis, the company posted a 70 per cent year-on-year decline in net profit to Rs 12.3 million for Q2 FY26, as net sales fell 19.2 per cent to Rs 473.6 million. Profit before tax dropped 66.96 per cent year-on-year to Rs 18.8 million, although it more than doubled sequentially.

Josts Engineering Company climbed 3.34 per cent to Rs 300 after announcing that it had secured an order worth Rs 56.2 million from the North Bihar Power Distribution Company. According to an exchange filing, the contract includes the supply of three Cable Fault Locator Vans equipped with portable generators. The project covers design, assembly, testing and delivery, with completion expected within five months of the purchase order. The company clarified that neither its promoters nor promoter group have any interest in the awarding authority, and the contract does not qualify as a related-party transaction under regulatory norms. Josts reported orders in hand totalling Rs 2.13 billion as of 30 September 2025. With a strong order pipeline, the firm said it anticipates improved performance in the second half of FY25–26. Based in Mumbai, Josts Engineering manufactures and supplies material-handling equipment and engineering products for a range of industries. On a standalone basis, the company posted a 70 per cent year-on-year decline in net profit to Rs 12.3 million for Q2 FY26, as net sales fell 19.2 per cent to Rs 473.6 million. Profit before tax dropped 66.96 per cent year-on-year to Rs 18.8 million, although it more than doubled sequentially.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code