Mumbai, March 27 -- Bajaj Steel Industries has secured a $5.03 million export order from an international client for cotton ginning and processing machinery. The contract includes design, manufacturing, supply, and commissioning of machinery, along with spare parts, electrical panels, and prefabricated structures.
Key Highlights Execution Timeline: 6-9 months
Business Scope: Cotton processing machinery, PEBs, electrical panels, steel doors, and heavy engineering equipment
Q3 FY25 Performance:
Net profit up 36.42% to Rs 137.1 million
Revenue up 9.69% to Rs 1.38 billion
Stock Update: Shares traded 1.22% lower at Rs 730.40 on BSE
The contract strengthens Bajaj Steel's global presence and underscores its expertise across the cotton ginning value chain.
Published by HT Digital Content Services with permission from Construction World.