Kernex Microsystems JV bags Rs 183-cr KAVACH order from Western Railway

The contract involves the provision of KAVACH Version 4.0 or the latest (formerly known as Train Collision Avoidance System ' TCAS), including the deployment of a communication backbone based on UHF and OFC on the Palanpur'Samakhiyali'Gandhidham section under the Ahmedabad Division of Western Railway.

The project is valued at Rs 182.81 crore and is scheduled to be executed within 730 days. Kernex holds a 70% stake in the consortium.

Kernex Microsystems (India) is engaged in the manufacture and sale of safety systems and software services for railways.

The company's consolidated net profit surged 358.2% to Rs 32.59 crore on an 829.9% rise in total income to Rs 83.69 crore in Q4 FY25 over Q4 FY24.

Shares of Mahindra EPC Irrigation rose 0.83% to close at Rs 1,234.20 on Friday, 6 June 2025.

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