The order is to be completed between December 2020 to June 2021. The announcement was made on Saturday, 5 September 2020.
On a consolidated basis, the company posted a 20.7% fall in net profit to Rs 49.71 crore on a 1.6% decline in net sales to Rs 578.07 crore in Q1 June 2020 over Q1 June 2019.
Ratnamani Metals & Tubes is engaged in providing total piping solutions to a diverse range of industries.