The sink manufacturer Acrysil Limited has signed an MOU with a foreign customer - which the company has not named - to supply granite sinks over a three year period. The contract, the company said, is worth approximately Rs. 45 crore.
The company has seen negative profit growth YoY in its most recent December quarter, even as operating margins improved from 9.98% to 13.61%. The company has largely performed below the BSE small-cap index over the last three months.