The current total order book of the company now stands over at Rs 700 crore. HPL has been a major supplier of electrical equipments to the government infrastructure and private housing sector. Commenting on winning the orders, Gautam Seth, joint managing director, HPL Electric & Power, said, "This is a big win for us and enhances our position as one of the leading electrical equipment manufacturer in the country. We have a diversified portfolio of electrical equipments to cater to various needs of the market. Our manufacturing facilities are state-of-the-art equipped to undertake larger production to meet the present and emerging needs of the country. We also have a strong R&D base with focus on developing technological advancement in electrical equipment solution for various categories and requirements." HPL Electric & Power is an established electric equipment manufacturing company, manufacturing a diverse portfolio of electric equipment, including, metering solutions, switchgears, lighting equipment and wires and cables, catering to consumer and institutional customers in the electrical equipment industry. The company reported 25% jump in consolidated net profit to Rs 8.39 crore on a 0.1% decline in net sales to Rs 243.99 crore in Q3 FY21 over Q3 FY20.
12.16 AM Jun 15th
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