💡 Company received a major order worth Rs. 20.19 Cr from Patiala Locomotive Works for KAVACH Loco Equipment.

What Happened

Quadrant Future Tek Limited has received a Letter of Acceptance for a major order from Patiala Locomotive Works (PLW). The contract involves the supply, installation, testing, and commissioning of Onboard KAVACH Loco Equipment Version 4.0 with warranty. The total value of the order is Rs. 20,19,27,500 (including taxes), which is approximately Rs. 20.19 Crores.

Key Details

Why It Matters

This order represents a significant business win for Quadrant Future Tek, providing substantial revenue visibility. The contract is for KAVACH equipment, a critical safety system for Indian Railways, indicating the company's role in important infrastructure projects. The order size of over Rs. 20 Crores is material and likely to positively impact the company's financial performance as it is executed in tranches through March 2027. This demonstrates the company's capability to secure large contracts from government entities like Patiala Locomotive Works.

Disclaimer: This is publicly available information sourced from NSE. Not investment advice.

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