Ranjit Lala News Today

Kilburn Engineering Ltd (KEL) has acquired M E Energy Private Ltd, a prominent player in waste heat recovery and reutilization systems, for Rs 98.70 crore. This strategic move aims to establish KEL as a comprehensive solution provider in the thermal engineering sector. M E Energy, with a revenue of Rs 44.70 crore in 2022-23, brings valuable expertise in waste heat recovery solutions, complementing KELs existing portfolio of drying systems.

Net sales rose 8.64 per cent to Rs 3,969.84 crore during quarter under review against Rs 3,653.80 crore in year-ago period