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Marsons secures order worth Rs 15 crore from state utilities

24 Aug 2016 Evaluate

Marsons has bagged another significant order from a state utility. The order, which is pegged to be worth nearly Rs 15 crore, comes less than a month after the company announced orders worth Rs 40 crore from Andhra Pradesh and Telangana. This recent order has now taken the company’s cumulative order book to nearly Rs 200 crore. The company is determined to execute these orders in this fiscal year and to achieve its growth and revenue targets for the year.

Furthermore, the company has operationalised its fourth franchise unit in Alwar in state of Rajasthan. With 4 operational franchises and 2 more to be operational in a month time, the company’s growth is not limited by capacity or working capital constraints, which has now enabled the company to achieve inorganic growth rates.

Marsons is one of the oldest and most reputed manufacturers of transformers in India with an infrastructure to supply transformers up to 160 MVA/220 kV class. Having supplied over 200,000 power transformers over the last six decades, Marsons is the largest transformer manufacturer in Eastern and North Eastern India.



Marsons Share Price

164.55 -2.70 (-1.61%)
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