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Azad Engineering shares rally 4% after signing contract worth Rs 651 crore with Mitsubishi
The Economic Times· 2025-09-29 11:56
Under the deal, Azad will supply complex rotating and stationary airfoils used in advanced gas and The contract will be executed in 5 years, Azad Engineering said in an exchange filing on September 26, Friday. Q1 Performance SnapshotThe company posted a 73.7% year-on-year rise in first-quarter net profit to Rs 29.7 crore, largely aided by strong revenue growth and robust margins. Live EventsThe Hyderabad-based precision engineering firm attributed the margin gains to a favourable product mix, with consumpt ...