Ultracab (India) Limited announced that it has received a purchase order worth Rs 50 crore (inclusive of taxes) from Larsen & Toubro Limited (L&T Construction) for the supply of LT power and control cables for one of L&T’s key EPC projects.
According to the company’s regulatory filing, the order has been awarded by L&T’s Construction Division and is expected to be executed within one year. The company stated that the contract was received in the ordinary course of business and will contribute positively to overall revenue and performance in the coming quarters.
The order reinforces Ultracab’s growing relationship with top-tier EPC players and reflects its strong position in India’s industrial cable manufacturing segment.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
