Key Quantitative Figures
The contract is estimated to contribute approximately ₹30 crore in incremental annual revenue and around ₹2.5 crore in annual profit after tax.
Dates of Action and Contract Validity
The contract was secured and intimated to the exchange on October 09, 2026. The agreement is valid for a period of two (2) years, commencing on November 01, 2026, and ending on October 31, 2028. The validity period may be extended by mutual consent of the parties.
Parties Involved
The contract has been awarded by JSW Cement Limited to Paradeep Parivahan Limited (PPL).
Purpose or Rationale
The contract strengthens PPL's bulk logistics portfolio and complements the Company's proposed acquisition of 100 bulkers. It is expected to expand transportation capabilities, enhance operational capacity, and reinforce the company's presence in the bulk transportation and logistics segment. The strategic alignment allows for the deployment of proposed assets towards revenue-generating operations.
Significant Terms and Conditions
The contract is a domestic road transportation contract for the movement of cement, Ground Granulated Blast Furnace Slag (GGBS), and other specified bulk materials. It involves the transportation of thousands of tonnes of material per month from JSW Cement's facility at Raigad, Maharashtra, to customer-designated destinations.
Additional Information
The disclosure is also available on the company's website at https://paradeepparivahan.com/.