Power & Instrumentation bags Rs 4-cr AVVNL contract under RDSS scheme

The contract involves the supply, erection, installation, testing and commissioning of materials and equipment for the development of distribution infrastructure aimed at segregating 11 KV mixed feeders at the Salumbar Circle of Ajmer Discom. The project will be executed on a turnkey basis under tender AVVNL/RDSS-FS/SLB/TN-165.

The order, awarded by a domestic entity, is scheduled to be completed within 15 months. The total contract value stands at Rs 3.72 crore.

Power and Instrumentation clarified that neither its promoters nor promoter group entities have any interest in the awarding authority. The company also stated that the contract does not fall under related-party transactions.

Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment.

The company?s consolidated net profit jumped 29.2% to Rs 3.63 crore on 6.2% rise in revenue from operations to Rs 58.53 crore in Q4 FY26 over Q4 FY25.

The scrip shed 0.08% to Rs 114.80 on the BSE.

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