BMW Industries Limited, a prominent player in the steel processing and infrastructure segment, has officially announced a substantial development that aligns with its growth trajectory. In a disclosure submitted to both BSE Limited and the Calcutta Stock Exchange, the company revealed the receipt of a new work order from Tata Steel Limited. This engagement pertains to the processing and conversion of coils at BMW’s Jamshedpur works and is expected to bolster the company’s revenue over the course of its duration.
As per the official communication dated 5 May 2025, BMW Industries has been entrusted with a contract by Tata Steel Limited for the “Processing and Conversion of Coils.” The agreement is effective until 31 March 2029, covering operations at BMW’s Jamshedpur facility.
The total value of the contract is approximately ₹1,764 crores (Rupees One Thousand Seven Hundred Sixty-Four Crores). This substantial engagement underscores Tata Steel’s continued trust in BMW Industries’ capabilities and reinforces their ongoing industrial collaboration.
The company has clarified that this work order falls within the ordinary course of its business activities. However, the sheer scale and duration of the contract are anticipated to contribute significantly to BMW Industries’ revenue throughout the contract period. In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the disclosure reflects the company’s commitment to transparency and timely communication with its stakeholders.
Read More: BMW Industries Shares to Remain in Focus After PLI Scheme MoU Signing.
As of May 06, 2025, at 11:00 AM, BMW Industries share price is trading at ₹53.20 per share, reflecting a decline of 1.34% from the previous closing price. Over the past month, the stock has surged by 13.04%.
The work order received from Tata Steel marks a significant business milestone for BMW Industries Limited. It reflects the company’s operational strength and its role in India’s industrial value chain. As the contract unfolds, it is poised to provide consistent revenue and reaffirm the company’s standing in the steel processing sector.
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Published on: May 6, 2025, 2:18 PM IST
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