Sharika Enterprises has secured an order from Punjab Energy Development Agency for Design, Supply, Installation and Commissioning including 12 watt LED based 500 Solar Lighting Systems with 12.8-30 Ah, Lithium Ferro Phosphate Battery with 5 years warranty amounting Rs 81.30 lakh (including taxes).

On a consolidated basis, Sharika Enterprises' net profit stood at Rs 1.17 crore in Q1 FY22 as compared to a net loss of Rs 2.35 crore in Q1 FY21. Net sales stood at Rs 4.82 crore in Q1 June 2021, registering a 27% fall from Rs 6.60 crore in Q1 June 2020.

Sharika Enterprises is an India-based power transmission and distribution engineering procurement construction (EPC) company. The company is engaged in engineering procurement construction (EPC) contracts, specialized assembling, trading activities and erection services.