The contract involves the construction of a pressurized micro-irrigation system.

The domestic order, valued at Rs 1.79 crore, carries a completion timeline of 12 months, the company said. The nature of the contract is in line with the scope outlined for developing the micro-irrigation infrastructure.

Mahindra EPC clarified that none of the promoters, promoter group or group companies hold any interest in the entity awarding the contract. The transaction does not fall under related-party arrangements and has been executed at arm’s length.

Mahindra EPC Irrigation is in the business of micro irrigation systems, viz., drip and sprinklers, agricultural pumps, greenhouses, and landscape products.

The company reported a consolidated net profit of Rs 0.43 crore for Q2 FY26, compared to a net loss of Rs 2.76 crore recorded in Q2 FY25. Revenue from operations declined marginally to Rs 49.58 crore in Q2 FY26, against Rs 50.02 crore posted in the same quarter last year.

Shares of Mahindra EPC Irrigation added 1.55% to settle at Rs 133.95 on the BSE.