Marsons Limited announced today that the company has won a new order from the Government of Assam for expedited execution. The company has previously landed EPC contracts from the governments of Bihar and Orissa, and says that its order book currently stands at Rs. 150 crore.
The company provided no information on the value of the new order. The firm saw sharply declining net profit and revenue for the December 2016 quarter, with both operating margins and net profits in the red. The firm also saw close to zero or negative net profits in the last three quarters.