PTC Industries Bags ISRO Order for Critical Aerospace Titanium Ingots

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CNBC TV18•07-01-2026, 14:57
PTC Industries Bags ISRO Order for Critical Aerospace Titanium Ingots
- •PTC Industries secured an order from ISRO's Vikram Sarabhai Space Centre (VSSC) for aerospace-grade titanium alloy ingots.
- •The contract involves converting 40 tonnes of Grade 1 titanium sponge into Ti-6Al-4V alloy using the Double VAR process over one year.
- •This advanced process ensures high chemical uniformity, metallurgical cleanliness, and superior mechanical performance crucial for space applications.
- •The undisclosed order is significant, supporting India's indigenous space programs and the Aatmanirbhar Bharat initiative.
- •Despite the major order, PTC Industries reported an 11.8% drop in Q2FY26 net profit, though revenue and EBITDA increased.
Why It Matters: PTC Industries' ISRO order highlights its advanced metallurgical capabilities, boosting India's space self-reliance.
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