Image Source: IPO Central
Lakshya Powertech Ltd has announced the receipt of a new order worth ₹111.7 million (₹11.17 crore), further cementing its position as a rising force in India’s power and energy project sector. The company, known for its expertise in consultancy, design, and execution of energy and power projects, continues to attract significant contracts across the country.
Key Highlights:
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The new order adds to Lakshya Powertech’s growing portfolio of project wins, following recent contracts such as a ₹5 crore order for water treatment plant (WTP) testing and commissioning services and a major ₹459.8 crore contract for gas compressor package solutions.
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Lakshya Powertech specializes in providing end-to-end solutions for energy infrastructure, including heating, ventilation, air conditioning, DG sets, gas generator-based power plants, compressors, and oil & gas projects.
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The company’s financial performance has been robust, with FY24 consolidated net profit surging 451.7% to ₹14.95 crore and net sales rising 179.2% to ₹148.13 crore, reflecting strong operational execution and market demand.
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Recent order wins, including the latest ₹11.17 crore contract, reinforce Lakshya Powertech’s momentum and underscore its ability to secure diverse and high-value projects in the competitive energy sector.
With this latest order, Lakshya Powertech continues to demonstrate its project delivery capabilities and growth potential in India’s dynamic infrastructure landscape.
Sources: Business Standard, MarketScreener, DSIJ
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