Talbros Automotive Components has received an order under the forgings division for supply of parts to a large German Luxury Car manufacturer. The order spans over a period of 7 years and the expected total revenue from the same is about Rs 175 crore.
The supplies are expected to begin from June-July 2017. The company has enough capacities to cater to this order and will not be requiring any major investments to fulfil this order. This order will therefore provide operating leverage and will enhance the profitability of the company. The company would be the tier II supplier for this order.
