HPL Electric and Power Ltd. has received a significant order, worth INR 1615.9 million, for the supply of smart meters to serve a leading private DISCOM player. This win underscores the Company's dominant market position in the smart metering space, and fortifies its reputation as a strong advanced meter solutions company. Furthermore, this new order has expanded the Company's metering order book to exceed INR 6,000 million as of December 29, 2022. With this win, the Company has further improved its market share in the smart meter market, making it a peer vendor in a highly competitive market. This milestone order also signals
sustained positive growth visibility in the coming quarters.