Corporate Actions
Mahindra EPC Irrigation bags Rs 2-cr micro irrigation order

13-Mar-26   07:16 Hrs IST
The order has been awarded by the Office of the Superintending Engineer, Micro Irrigation Project. The scope of work includes the supply of micro irrigation systems.

The contract has been awarded by a domestic entity and is expected to be executed within six to twelve months from the date of site handover. The company added that neither the promoter nor the promoter group has any interest in the awarding entity, and the order does not fall under related party transactions.

Mahindra EPC Irrigation is in the business of micro irrigation systems, viz., drip and sprinklers, agricultural pumps, greenhouses, and landscape products.

The company's consolidated net profit rose 2.20% to Rs 6.49 crore in Q3 FY26, compared with Rs 6.35 crore recorded in Q3 FY25. Revenue from operations rallied 14.75% to Rs 93.47 crore in Q3 FY26, against Rs 81.45 crore posted in the same quarter last year.

Shares of Mahindra EPC Irrigation rose 0.13% to close at Rs 113.25 on the BSE.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.