The order involves the supply of 100 tons of brass billets for export to China. The total project cost is approximately $606,000 (Rs 5.30 crore), and it is expected to be completed within 45 days.
Siyaram Recycling Industries is primarily engaged in the recycling of brass scrap.
On a full-year basis, the company's net profit jumped 4.9% to Rs 7.52 crore on a 16.2% drop in net sales to Rs 412.99 crore in FY24 over FY23.
Shares of Siyaram Recycling Industries shed 0.11% to Rs 133.95 on the BSE.