Manufacturer of cables and wire harness assemblies, DCX Systems Ltd, on Friday (March 20) said it has received a purchase order worth ₹563.45 crore, including taxes, from a domestic customer for the manufacture and supply of maritime patrol radar systems (MPR) for airborne applications.
The order was received in the normal course of business, the company said.
This month, DCX Systems said that it has secured a purchase order worth ₹68.05 crore (including GST) from Hindustan Aeronautics Limited (HAL). The order involves the manufacture and supply of custom-made antennas and power supplies for airborne applications.
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According to the official filing, the order is part of routine business operations, with DCX Systems stating that the receipt of such orders is consistent with its operational objectives. The company’s expertise in customised electronic components for defence applications has contributed to its strong order book.
The Bengaluru-based company is primarily engaged in system integration and manufacturing of a comprehensive array of cables and wire harness assemblies, and is also involved in kitting.
Shares of DCX Systems Ltd ended at ₹163.30, down by ₹0.95, or 0.58%, on the BSE today, March 20.
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(Edited by : Shoma Bhattacharjee)
