Smart meter manufacturer secures ₹545 cr in new orders

A leading Indian electrical equipment manufacturer secured ₹545 Cr in smart meter orders, marking a significant milestone in its 40-year journey. The achievement reflects robust growth, strengthening its position in the competitive smart meter market. Quarterly results reveal a 15.9% increase in net sales and a 75.6% rise in net profit in Q2FY24 compared to Q2FY23.