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Bajaj Steel Secures $5.03 Million Export Order for Cotton Processing Machinery

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  • Bajaj Steel Secures $5.03 Million Export Order for Cotton Processing Machinery

Bajaj Steel Industries has bagged an order worth $5.03 million from a foreign client for cotton ginning and processing machines. This includes design, manufacture, supply and installation of machinery, spare parts, electrical panels and pre-fabricated structures.

Key Highlights:

  • Timeframe: 6-9 months
  • Products: Cotton processing machines, steel structures, electrical panels, heavy equipment
  • Financials: Net profit up by 36.42% at Rs 137.1 million; Revenue up by 9.69% at Rs 1.38 billion
  • Stock: Bajaj Steel shares down 1.22% at Rs 730.40 on BSE

This order will help Bajaj Steel to expand its international presence and showcase its expertise in cotton ginning.

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