INOX India Limited has secured orders worth ₹373 crore in the current financial year across its key business segments, the cryogenic technology solutions provider announced on Monday. The orders span Industrial Gas, Cryo-scientific Solutions, LNG, and Beverage Kegs segments.
The shares of INOX India Limited were trading at ₹1,190.40 up by ₹6.80 or 0.57 per cent on the NSE today at 12.10 pm.
The Vadodara-based company received ₹151 crore in orders for Cryo-scientific Solutions, ₹141 crore for Industrial Gas systems, and ₹71 crore for LNG equipment. The order book includes a major contract from ITER for repairing Cryostat Thermal Shield, along with multiple large and minor orders for LNG storage tanks, industrial gas storage systems, transport tanks, dispensers, and disposable cylinders.
The company also secured a minor order for beverage kegs supply to a German customer. INOX India classifies orders based on value, with minor orders ranging from ₹10-30 crore, large orders at ₹30-60 crore, significant orders at ₹60-100 crore, major orders at ₹100-150 crore, and mega orders above ₹150 crore.
“These orders reinforce our position as a trusted global partner for critical cryogenic solutions,” said Deepak Acharya, Chief Executive Officer of INOX India Limited. He highlighted the company’s growing presence across segments and markets, particularly in clean energy applications.
INOX India operates across India, Brazil, and Europe, serving customers in over 100 countries with after-sales support in 25 countries.