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A spokesperson from ACE said, 鈥淲e wish to inform you that in our endeavour to expand business in the Defence Sector, Action Construction Equipment has been awarded a breakthrough order for the supply of 40 numbers backhoe loaders from Border Road Organisation, Ministry of Defence (MoD).鈥�

This order demonstrates its efforts under the 'Make in India' and 'Atma Nirbhar Bharat initiatives of the Government of India. In the quarter ended March 31, 2022, the company reported a total income of Rs 516 crore compared to Rs 465 crore during the period ended March 31, 2021. It has posted a profit after tax (PAT) of INR 35.42 crore for the period ended March 31, 2022, as against PAT of Rs 38.6 crore for the year-ago period. The company is the world鈥檚 largest pick and carry cranes manufacturer with over 63 per cent market share in the mobile crane segment and a majority market share of more than 60 per cent in the tower cranes segment domestically.