John Cockerill India secured an order worth approximately Rs 200 crore from A1 Iron & Steel Tanzania for steel processing equipment at its plant in Dodoma, Tanzania.

The project is scheduled to be executed within 10 months from August 2026. The company clarified that the order does not constitute a related-party transaction and that the promoter group has no interest in the awarding entity.

John Cockerill India, a subsidiary of Belgium-based John Cockerill SA, provides design, engineering, manufacturing and installation solutions for steel processing equipment and production lines used by ferrous and non-ferrous metal manufacturers globally.

On the financial front, the company reported a consolidated net profit of Rs 7.36 crore in Q1 CY26, compared with a net loss of Rs 2.91 crore in Q1 CY25. Revenue rose 56% year-on-year to Rs 344.52 crore during the quarter ended March 2026.

Shares of John Cockerill India rose 0.44% to settle at Rs 8,125.40 on Friday, 28 August 2026.

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First Published: Aug 29 2026 | 3:04 PM IST

Source: Read the original article on www.business-standard.com