Mumbai, June 15 -- The orders involve the supply of Micro Pressurized Irrigation Systems across a cumulative area of 680 hectares. The contracts have been awarded by a domestic entity and are scheduled to be executed within 11 months from the date of site handover for the respective projects.

The company clarified that neither its promoters nor promoter group entities have any interest in the awarding authority. It also stated that the contracts do not fall within the ambit of related-party transactions.

Mahindra EPC Irrigation is in the business of Micro Irrigation Systems viz. Drip and Sprinklers, Agricultural Pumps, Greenhouses, and Landscape Products.

Mahindra EPC Irrigation reported a 23.36% YoY decline in consolidated net profit ...