FLC Portals Group I/S, Denmark has been awarded a contract of setting up a tunnel between the German island of Fehmarn and the Danish island of Lolland.

The total size of the contract/ order awarded to HST is valued at approximately euro 20.56 million. The said order has to be executed On or before April 2030.

HLE Glascoat is engaged in the specialized business of manufacturing chemical process equipment. The company’s key product segment has been filtration and drying equipment. The flagship products in this segment are agitated nutsche filters and dryers.

The company had reported 81.23% decline in consolidated net profit to Rs 2.77 crore despite a 5.92% rise in revenue to Rs 300.75 crore in Q1 FY27 as compared with Q1 FY26.