ACE edges higher after bagging equipment supply contract from Defence Ministry

The company would be supplying 285 numbers for special forklifts and 6 numbers of rough terrain cranes with 30 tonne Lifting capacity to MoD.

Action Construction Equipment (ACE) is an established and reputed brand with a significant presence across diversified sectors like construction, infrastructure, manufacturing, logistics and agriculture.

The company's consolidated net profit rose 24.62% to Rs 84.18 crore on a 12.68% increase in sales to Rs 734.26 crore in Q1 FY25 over Q1 FY24.