Nitin Fire bags order worth US$ 3.5 mn

Nitin Fire Protection Industries Ltd, a leading fire protection and intelligent building management company has announced that one of its subsidiaries has received an order worth USD 3.5 million. The company will be executing a single order for design supply, testing and commissioning of special fire fighting and liner heat detection systems for its client’s utility tunnel. Mr. Rahul Shah, Executive Director, Nitin Fire Protection Industries Limited said, “With the growing demand and need for fire protection and safety we are witnessing renewed demand for all our products. This will definitely have a good impact on our bottomline”. NFPIL posted 43.74% jump in its net sales to Rs. 98.23 crore and a net profit of 71.48% higher to Rs. 14.01 crore for the quarter ended December 31st, 2009. The company also plans to venture in the European market.

Nitin Fire Protection Industries Limited
Nitin Fire Protection Industries Limited. [NFPIL]] is India’s leading player in the fire protection, safety, security and intelligent building management systems, High Pressure Seamless Cylinders and Refuelling stations. The company provides end-to-end solutions for fire protection, safety and security, comprising manufacturing, designing, engineering, commissioning and maintenance. The company operates through its following 100% subsidiaries. Nitin Cylinders Ltd manufactures of High Pressure Seamless Cylinders with a capacity of 5,00,000 cylinders per annum at Vishakhapatnam SEZ, primarily for the purpose of exports. Eurotech Cylinders Pvt Ltd suppliers of High Pressure seamless Cylinders is an established player in the domestic market; Alert Fire Protection a technical support and supplier of fire detection; Logicon Building Systems Pvt Ltd for Intelligent Building Management system and Nitin Ventures, a company set up in the Free Zone in UAE to cater demand of fire protection and safety in Middle East and Nitin Global Pte. Limited in Singapore to cater demand of fire protection and safety in South-East Asian market.

For more information
Nitin Fire Protection Industries Limited
501, Delta, Technology Street, Hiranandani Gardens, Powai, Mumbai 400 076. India
Tel.: +91-22-4045 7000 Fax: +91-22-2570 1110
E-mail: nitinfire@vsnl.com