Man Industries (India) Limited has bagged an order worth INR 400 crore to supply various types of pipes. The order is to be completed within six months. The company is expected to achieve a turnover of Rs 3,000 crore in FY24 and has a revenue target of Rs 5,000 crore in FY25.
Oct 04, 2023
During the exchange filing, Man Industries (India) Limited informed that the company had bagged an order worth INR 400 crore. The order is from the domestic customer and the order is to supply various types of pipes. The order is to be completed within six months. The company has an unexecuted order book of Rs 1,600 crores. The company is expected to achieve a turnover of Rs 3,000 crore in FY24. And has a revenue target of Rs 5,000 crore in FY25.
Man Industries is one of the largest manufacturers and exporters of LSAW and HSAW pipes in India with a total installed capacity of 1 million tonnes. The company has two plants: one plant in Anjar, Kutch District of Gujarat and the other in Pithampur, Madhya Pradesh. Anjar plant facilitates easy transportation to two major ports Kandla and Mundra as well as provides good connectivity to the road network.
