According to the company, the order is scheduled to be executed during the current financial year, FY2026-27.

The company further clarified that the transaction does not qualify as a related-party transaction and that neither its promoters nor promoter group entities have any interest in the contract.

Precision Electronics is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high-end telecom equipment.

The company’s standlone net profit slipped 19.4% to Rs 2.03 crore, on 26.1% rise in revenue from operations to Rs 22.77 crore in Q4 FY26 over Q4 FY25.