MIC Electronics bags LoA from Northern Railway Zone

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26 Aug 2024

MIC Electronics bags LoA from Northern Railway Zone

The contract entails the provision of integrated passenger information system at PRG, PYGS, and PFM Stations in c/w Mahakumbh-2025.

The work order is to be executed within 9 months from the date of issue of letter of acceptance.

MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end electronic and telecommunication equipment and development of telecom software.

The company reported 58.9% jump in standalone net profit to Rs 1.97 crore on 52.56% growth in revenue from operations to Rs 10.71 crore in Q1 FY25 over Q1 FY24.

Shares of MIC Electronic rose 0.59% to currently trade at Rs 78.11 on the BSE.