Marsons clarified that neither the promoter/promoter group nor group companies have any interest in the awarding entity, and the contract does not fall under related-party transactions.

Marsons is engaged in the business of manufacturing, trading & servicing transformers, transformer goods & other rental income. The company’s consolidated net profit surged 151.6% to Rs 22.62 crore on a 66% increase in net sales to Rs 92.65 crore in Q4 FY26 over Q4 FY25.

Shares of Marsons shed 0.61% to Rs 123 on the BSE.