Oriental Rail Infra Soars After Securing Rs 10.61 Mn Order from NWR
RAILWAYS & METRO RAIL

Oriental Rail Infra Soars After Securing Rs 10.61 Mn Order from NWR

Oriental Rail Infrastructure's stock surged by 5 per cent, reaching Rs 154.50, following the announcement of a new order from North Western Railways, Ajmer, under Indian Railways. The order, valued at Rs 10.61 million, involves supplying 66 sets of PU foam cushions for the retrofitment of berths and seats. The materials will be delivered to North Western Railways, Ajmer, as part of the agreement.

According to the contract terms, 95 per cent of the payment will be processed upon the issuance of an inspection certificate by the designated inspection agency, along with proof of dispatch or delivery. The remaining 5 per cent will be released after the receipt, inspection, and acceptance of the supplied goods. The total order value stands at Rs 1,61,21,160, and the project is scheduled for completion by September 6, 2026.

Oriental Rail Infrastructure specializes in manufacturing and trading products such as recron, seat and berth materials, and compreg boards, operating exclusively within the Indian Railway sector.

Financially, the company reported a consolidated net profit of Rs 70.52 million in Q3 FY25, marking a 39.9 per cent decline from Rs 120.51 million in Q3 FY24. However, revenue from operations grew by 4.3 per cent year-on-year, reaching Rs 1.52 billion in Q3 FY25.

News source: Business Standard

Oriental Rail Infrastructure's stock surged by 5 per cent, reaching Rs 154.50, following the announcement of a new order from North Western Railways, Ajmer, under Indian Railways. The order, valued at Rs 10.61 million, involves supplying 66 sets of PU foam cushions for the retrofitment of berths and seats. The materials will be delivered to North Western Railways, Ajmer, as part of the agreement. According to the contract terms, 95 per cent of the payment will be processed upon the issuance of an inspection certificate by the designated inspection agency, along with proof of dispatch or delivery. The remaining 5 per cent will be released after the receipt, inspection, and acceptance of the supplied goods. The total order value stands at Rs 1,61,21,160, and the project is scheduled for completion by September 6, 2026. Oriental Rail Infrastructure specializes in manufacturing and trading products such as recron, seat and berth materials, and compreg boards, operating exclusively within the Indian Railway sector. Financially, the company reported a consolidated net profit of Rs 70.52 million in Q3 FY25, marking a 39.9 per cent decline from Rs 120.51 million in Q3 FY24. However, revenue from operations grew by 4.3 per cent year-on-year, reaching Rs 1.52 billion in Q3 FY25. News source: Business Standard

Next Story
Infrastructure Urban

Allcargo Gati Strengthens Doddaballapura’s Industrial Growth

Doddaballapura, once renowned for its silk sarees, has evolved into a major industrial hub, housing an Apparel Park and diverse manufacturing units producing textiles, paints, and machinery. The region’s strategic location and robust infrastructure have attracted national and international companies, boosting Karnataka’s economy.For the past four years, Allcargo Gati has been a key logistics partner, ensuring efficient distribution of goods across India. With a structured supply chain strategy—65 per ent to the north, 15-20 per cent west, 10-15 per cent east, and 5 per cent south—the c..

Next Story
Infrastructure Transport

Kolkata Metro to Suspend Green Line Services on March 8-9

The Kolkata Metro Railway has announced a complete traffic block on the East West Metro Corridor (Green Line) on March 8 and 9 for testing the Communication-Based Train Control (CBTC) system. Services will also be partially disrupted on the evening of March 7 and the morning of March 10. The Green Line, India’s first underwater metro tunnel and home to the country’s deepest metro shaft, runs from Howrah Maidan to Salt Lake Sector V. This line’s first phase was inaugurated in 2020 by then Railway Minister Piyush Goyal. Additionally, the Kolkata Metro recently introduced a paper ..

Next Story
Infrastructure Urban

India and Nepal Sign MoU to Strengthen WASH Sector Cooperation

India and Nepal signed a Memorandum of Understanding (MoU) on March 3, 2025, to enhance cooperation in the Water, Sanitation, and Hygiene (WASH) sector, including waste management. The signing ceremony took place at Sushma Swaraj Bhawan in New Delhi, attended by India’s Union Minister of Jal Shakti, CR Patil, and Nepal’s Minister of Water Supply, Pradeep Yadav. The agreement aims to foster collaboration between the two countries to improve access to clean drinking water and sanitation. It outlines key areas of cooperation such as capacity-building programs for Nepali personnel, techno..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?