Jindal Rail awards Rs 10 cr contract to Simplex Castings
This follows Rs 54 crore order bagged by Simplex Castings from Indian Railways last week
 "Jindal Rail awards Rs 10 cr contract to Simplex Castings")
Following its last week’s contract from Indian Railways, Simplex Castings Ltd has bagged another order in this sector. The company, a supplier of heavy engineering castings, has received Rs 10 crore contract from Jindal Rail Infrastructure Limited.
“The company has received an order from Jindal Rail Infrastructure Limited worth of Rs 10 crore approximately which will be executed by the company in next two quarters. Jindal Rail Infrastructure Limited (JRIL) is a 100% subsidiary of Jindal ITF, set up for manufacture of railway rolling stock. This order will be add-on to the performance of the company in financial year 2015-16,” said Simplex Castings in a BSE filing today.
Earlier, on November 19, 2015, Simplex Castings had announced the receipt of Rs 54 crore contract from Diesel Locomotive Works (DLW), owned by Indian Railways.
“The company has received an order from Jindal Rail Infrastructure Limited worth of Rs 10 crore approximately which will be executed by the company in next two quarters. Jindal Rail Infrastructure Limited (JRIL) is a 100% subsidiary of Jindal ITF, set up for manufacture of railway rolling stock. This order will be add-on to the performance of the company in financial year 2015-16,” said Simplex Castings in a BSE filing today.
Earlier, on November 19, 2015, Simplex Castings had announced the receipt of Rs 54 crore contract from Diesel Locomotive Works (DLW), owned by Indian Railways.