Hot Pursuit     26-Oct-23
Valiant Comm hits the roof on bagging order from Tejas Networks
Valiant Communications was locked in 5% upper circuit at Rs 259.65 after the company announced the receipt of order for supply of its indigenously developed and manufactured communication, protection and synchronization solutions from Tejas Networks.

The supply shall be part of international contract awarded by Bhutan Power System Operator (BPSO) to Tejas (with Valiant consortium).

Valiant has also partnered with Tejas, for power utility overseas markets for multi-years contracts. Given the global reach of the Tata Group, the management is optimistic about the outcome about such global opportunities.

In addition to above breakthrough in overseas market, Tejas has issued additional orders for Indian utility market. The total value of orders is Rs 6.08 crore.

Inder Mohan Sood, CEO said, “We value our relationship with Tejas, which is time proven now. Not only is Valiant providing advanced products and technology solutions to its customers worldwide, but our cutting-edge technology solutions are now being offered for some of the most advanced, Information Technology (IT) and Power Sector applications.”

Valiant Communications is a manufacturer and exporter of a wide range of communications, transmission, protection, synchronization and cyber security products. It is an approved manufacturer to some of the major power utilities including Power Grid Corporation (India) and various National and State Electricity Boards, with track record of successful installations in more than 5,000+ power sub-stations worldwide.

The company reported a consolidated net profit of Rs 0.89 crore in the quarter ended June 2023 as against net loss of Rs 0.31 crore during the previous quarter ended June 2022. Sales rose 84.35% to Rs 9.66 crore in Q1 FY24 over Q1 FY23.

Previous News
  Valiant Communications consolidated net profit rises 182.95% in the March 2024 quarter
 ( Results - Announcements 29-May-24   14:30 )
  Valiant Communications standalone net profit rises 219.77% in the March 2024 quarter
 ( Results - Announcements 29-May-24   14:04 )
  Valiant Communications reports consolidated net loss of Rs 0.39 crore in the September 2019 quarter
 ( Results - Announcements 16-Nov-19   15:14 )
  Valiant Communications bags orders of Rs 9.5 cr
 ( Corporate News - 30-Jan-24   09:31 )
  Valiant Communications reports consolidated net profit of Rs 0.81 crore in the June 2019 quarter
 ( Results - Announcements 21-Aug-19   15:31 )
  Valiant Communications schedules board meeting
 ( Corporate News - 27-May-23   16:51 )
  Valiant Communications receives order from Tejas Networks
 ( Corporate News - 26-Oct-23   10:31 )
  Valiant Comm hits the roof on bagging order from Tejas Networks
 ( Hot Pursuit - 26-Oct-23   13:02 )
  Valiant Communications reports standalone net loss of Rs 0.61 crore in the December 2019 quarter
 ( Results - Announcements 07-Feb-20   15:21 )
  Valiant Communications schedules board meeting
 ( Corporate News - 13-Jan-18   17:19 )
  Valiant Communications to convene board meeting
 ( Corporate News - 29-Jul-20   17:35 )
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