Q3-FY26 · Deepak Ashar
We are absolutely on track and we can perform perhaps better than this.
INOX India · tone and specificity signals across the available quarters.
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We are absolutely on track and we can perform perhaps better than this.
We are very positive about increasing order flow and we wish that you will see substantial good results in Q4 and next year going forward.
For such a huge requirement there are very few manufacturers in the world who can really handle their requirements. So they have to depend on us at least 50% of their requirement will be ours that much I can tell you.
We have backlog of around 1,514 cr out of which the order from the aerospace company is around 200 crores and going forward in Q1 or maybe Q2 we are expecting few more orders of similar nature and similar value very soon.
Our project orders are now increasing a lot and we have the order book of more than 1,000 crores in projects... that is why little bit contract assets is increasing and it will remain like this only because project orders are increasing now.
We have signed an MOU with European company to jointly develop liquid nitrogen based cooling solution for the data center. This is currently an early stage R&D lead initiative and we expect meaningful development over the next 6 to 12 months.