Perfect Infraengineers Limited — Important, 02-12-2024: General Updates

The company has secured significant orders for its Hybrid Thermal Solar Panel, demonstrating strong market traction. Recent tests at notable client sites, including the Central Public Works Department and Indian Air Force HQ, yielded certified savings of 36.4% and 40.03%, respectively.

In the last quarter, large orders include approximately ₹50 lakh from TE Connectivity for a 160-ton chiller and around ₹1 crore from Navi Mumbai Municipal Corporation for completed installations. Additional projects include several smaller orders from Technopark in Kerala and opened tenders from the Nuclear Fuel Complex in Hyderabad, valued at ₹50 lakh each.

The company is expanding its reach in Southern India, with installations in major cities like Chennai, Bangalore, and Goa, and has secured first-time orders from prominent clients such as GMR, SAP Labs, John Deere, and Bosch India. This growth reflects a positive outlook for the company, highlighting new market opportunities and potential revenue expansion.