Mumbai, Nov. 27 -- The contract is for the supply of a fish liner boring and deck face milling SPM machine. The supply is scheduled to be completed before the end of June 2026.

Lokesh Machines confirmed that the order is domestic in nature and does not fall under related-party transactions.

Lokesh Machines is engaged in the business of manufacture of special purpose machines (SPM), general purpose machines/CNC lathes (GPM), connecting rods and machining of cylinder blocks and heads.

On a standalone basis, Lokesh Machines' net profit declined 81.74% to Rs 0.63 crore while net sales declined 33.05% to Rs 50.43 crore in Q2 September 2025 over Q2 September 2024.

Earlier this month, Acuite Ratings & Research downgraded the company's credit...