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Om Power rises after bagging order worth Rs 102 crore
15-Oct-2026 | 09:50
Om Power Transmission rose 3.19% to Rs 169.60 after the company received a turnkey contract worth Rs 101.56 crore from Uttar Gujarat Vij Company.
The project involves converting the existing electrical line network into an underground cable network, along with associated activities, at Ambaji.
The contract is to be executed within 12 months after a commencement period of 45 days. The order has been awarded by a domestic entity and does not fall under related-party transactions.
Om Power Transmission operates as an engineering, procurement, and construction (EPC) company focused on power transmission infrastructure.
On the financial front, the company's standalone net profit rose 25.99% to Rs 10.52 crore in the quarter ended June 2026 from Rs 8.35 crore in the corresponding quarter of the previous year. Revenue from operations increased 36.88% to Rs 121.63 crore from Rs 88.86 crore in the year-ago period.
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