Cranex

Established in 1973, Cranex Limited is an Indian public company primarily engaged in the business of manufacturing and selling cranes and their parts. The company is constantly improving its technology to match world standards, which helps in receiving new orders from very quality-conscious customers. Its products are built to be accepted in the most challenging operating conditions by demanding customers across various sectors in India and overseas. A key business activity includes manufacturing and supplying new products like Traversers for the extensive network of Indian Railways maintenance workshops. The company also collaborates with major power equipment manufacturers like BHEL and L&T to install heavy cranes at thermal and hydel projects across India. Financially, the company has seen remarkable success, with its Profit after Tax showing a significant growth of 145.16%.;