Latteys Industries Limited — Updates, 13-12-2024: Press Release

Latteys Industries Limited has reported a successful year in 2024, highlighted by significant orders that reinforce its status in India's solar submersible pump market. Key achievements include a prestigious order valued at approximately Rs. 30 crore for 1,000 Off-Grid Solar Photovoltaic Water Pumping Systems under the PM-KUSUM scheme. Additionally, the company secured various OEM orders totaling Rs. 3 crore, along with export orders and contracts from state governments amounting to approximately Rs. 3.025 crore.

With a total of Rs. 37.525 crore in orders currently in hand, Latteys is actively expanding its operations across multiple states, including Madhya Pradesh and Gujarat, while exploring further growth opportunities in untapped markets. This steady progression not only reflects the company's commitment to quality and renewable energy but also positions it well to capture more market share in the green energy sector. Investors should monitor this upward trajectory for potential growth.