The aggregate value of the orders stands at approximately Rs 19,71,900. The orders are to be executed within three months.
The company clarified that neither the promoter nor the promoter group has any interest in the entity awarding the orders. Further, the contract does not fall under related-party transactions.
Kranti Industries manufactures precision-machined components. The company caters to critical requirements across the automotive, agriculture, construction and electric vehicle sectors, serving both domestic and global OEMs.
The company reported a consolidated net profit of Rs 1.30 crore in Q2 FY26, steeply higher than the Rs 0.03 crore posted in Q2 FY25. Revenue from operations jumped 20.3% year on year to Rs 21.26 crore in Q2 FY26.