WPIL hits upper circuit on Rs 425-cr order win

Published on Dec 22, 2023 10:09

The project entails execution of a turnkey project for Package II of Surface Based Water Supply Scheme, Northern Sector under Purulia District.

The order is to be completed within a period of 27 months and 3 years operation and maintenance.

WPIL is principally engaged in designing, developing, manufacturing, erecting, commissioning and servicing of pumps & pumping systems.

The company`s consolidated net profit jumped 47.8% to Rs 34.53 crore in Q2 FY24 as compared with Rs 23.37 crore recorded in Q2 FY23. Revenue from operations decreased 13.9% YoY to Rs 348.06 crore in the quarter ended 30 September 2023.