The project holds the potential to generate Rs 1,200 crore in revenue over the next 5 years.

The net sales increased by 60 per cent and net profit increased by 70 per cent in Q3FY22 over Q3FY22. The net sales increased 65.60 per cent in FY22 over FY21. The company reported a net profit of Rs 18 crore in FY22 compared to a net loss of Rs 68 crore in FY21.

BSE Smallcap index underperformed broader markets by recording losses of 1.80 per cent and closing at 28,722.50.