December 2, 2022
  • December 2, 2022

Sharika Enterprises wins on bagging order worth Rs 81.30 lakh

By on November 16, 2021 0


Sharika Enterprises rose 1.46% to Rs 9.01 after the company received an order worth Rs 81.30 lakh from the Punjab Energy Development Agency for the design, supply, installation and commissioning.

Sharika Enterprises has secured an order from the Punjab Energy Development Agency for the design, supply, installation and commissioning including 500 12 watt LED solar lighting systems with 12.8 -30 Ah, lithium ferrophosphate battery with 5 years warranty amounting to Rs 81.30 lakh (taxes included).

On a consolidated basis, Sharika Enterprises net profit amounted to Rs 1.17 crore in Q1 FY22 compared to a net loss of Rs 2.35 crore in Q1 FY21. Net sales amounted to Rs 4.82 crore in the first quarter of June 2021, recording a decrease of 27% from Rs 6.60 crore in the first quarter of June 2020.

Sharika Enterprises is an Indian electricity transmission and distribution engineering construction and supply company. The company is engaged in construction engineering supply contracts (EPC), specialized assembly, business operations and assembly services.

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(This story was not edited by Business Standard staff and is auto-generated from a syndicated feed.)

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