JKB Financial Services Ltd.

As on : 05-Jan-2026

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05-Jan-2026 07:38

Lokesh Machines bags Rs 22-cr order from Ministry of Defence

According to an exchange filing, the order involves the supply of 9'19 mm machine pistol sub-assemblies/components.

The total value of the order stands at Rs 22,00,46,400 and it is to be executed on or before 19 March 2026.

The company clarified that none of the promoters, promoter-group, or group companies have any interest in the entity awarding the order. It also stated that the order does not fall within related-party transactions.

Lokesh Machines is engaged in the business of manufacture of special purpose machines (SPM), general purpose machines/CNC lathes (GPM), connecting rods and machining of cylinder blocks and heads.

On a standalone basis, Lokesh Machines' net profit declined 81.74% to Rs 0.63 crore while net sales declined 33.05% to Rs 50.43 crore in Q2 September 2025 over Q2 September 2024.

The counter shed 0.62% to Rs 169.05 on the BSE.

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