Tuesday, August 26, 2014

#Ricoh India gets Rs.1400 crore order from Department of Posts

Ricoh India (erstwhile RPG Ricoh) has received an order worth close to Rs.1400 crore from Indian Department of Posts. The Rs.2000 crore order was divided between Ricoh India and Telecommunications Consultants India Ltd (TCIL), a Govt. of India Undertaking. TCIL has bagged order worth Rs.600 crore and Ricoh India got the rest from the Department of Posts.
The Bombay Stock Exchange listed Ricoh India clocked Rs 1,047 crore sales turnover in fiscal March 2014, thrice more from Rs 300 crore clocked in fiscal 2003.
The company sells a range of over 30 models of multi-functional products (MFPs) which combine copiers, printers, scanners and faxes in the country. These machines imported from Ricoh factories around the world are priced in the Rs 50,000 – Rs 1.5 lakh range.