PTC Industries advanced 2.10% to Rs 17,353.25 after the company announced that it has received a significant purchase order from the Gas Turbine Research Establishment (GTRE), part of the Defence Research and Development Organisation (DRDO).
According to the companys exchange filing, the order involves post-cast operations to manufacture single crystal ready-to-fit turbine blades and vanes. The execution of the order will leverage PTCs advanced manufacturing infrastructure in India along with end-to-end capabilities through its UK-based subsidiary, Trac Precision Solutions, ensuring seamless delivery.The project will be carried out in line with the timelines agreed upon with GTRE. While the value of the purchase order is considered significant and expected to positively impact the companys revenue, it has not been disclosed due to confidentiality.
The company clarified that neither its promoters nor any members of the promoter group have any interest in the awarding authority. It further confirmed that the transaction does not qualify as a related-party transaction under applicable regulations.
The official announcement was made on Friday, 24 October 2025, after market hours.
PTC Industries is a leading Indian manufacturer of precision metal components for critical applications. Through its wholly owned subsidiary Aerolloy Technologies, the company is manufacturing and supplying titanium and superalloy castings for aerospace and defence applications within India as well as for exports.
The company's consolidated net profit rose 5.3% to Rs 5.16 crore on 107.3% surge in net sales to Rs 97.15 crore in Q1 FY26 over Q1 FY25.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
