Aarvi Encon Limited — New Orders, 28-01-2025: Awarding of order(s)/contract(s)
Aarvi Encon Limited has received a revised work order for manpower outsourcing services from a leading domestic multinational EPCM company. The value of the order has increased from INR 111.78 Cr to INR 186.04 Cr, with the validity extended from January 27, 2025, to December 31, 2025. This significant increase in order size, reflecting a broader engagement, enhances the company’s revenue potential. With the operational timeline extending through the end of 2025, this new development presents a positive outlook for Aarvi Encon, indicating potential growth opportunities in manpower services within the domestic market. Investors should watch closely for the impacts of this expanded contract on the company’s future performance and strategic positioning.
