Kranti Industries added 1.81% to Rs 98.99 after the company received a purchase order worth Rs 6.84 crore from Bonfiglioli Transmission for the development of industrial machine parts (heavy-duty gearbox).
The company has received the purchase order for development, marking its entry into a new product segment.
The official announcement was made on Tuesday, 8 April 2025, after market hours.
Kranti Industries leverages cutting-edge technology with state-of-the-art infrastructure, transforming into a digital smart factory, reflecting its commitment to excellence. It specializes in precision-machined components for automotive parts, including transmissions, axles, chassis, engines, and other essential components for the automotive and engineering industries.
The company reported a consolidated loss of Rs 1.03 crore in Q3 FY25 as against a net loss of Rs 0.71 crore recorded in Q3 FY24. Revenue from operations fell 14.5% YoY to Rs 18.22 crore in the quarter ended 31 December 2024.
As of 9 April 2025, the companys market capitalization stood at Rs 123.84 crore on the BSE.
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