Kotyark Industries Limited — New Orders, 20-11-2024: Bagging/Receiving of orders/contracts

Kotyark Industries Limited has successfully secured an allocation order for the supply of 48,381 KL of biodiesel, with an estimated order value of approximately Rs. 564.00 Crore, excluding GST and transportation charges, for the period from October 2024 to September 2025. This allocation was part of a tender issued by major oil marketing companies, including Indian Oil, Bharat Petroleum, and Hindustan Petroleum, for a total procurement of 8,57,039 KL. The company's successful bid for this substantial volume reflects its competitive positioning in the biodiesel market and bolsters its revenue potential for the upcoming fiscal year. Stakeholders may see this as a positive development, enhancing the company’s operational outlook and market presence.