The company also secured a small order worth $1 million from Iran and is currently executing a $ 4 million order from Syrian Petroleum Company.
OCTL hopes to end up the current fiscal with a net profit on the back of these orders. It suffered a loss of Rs 2.28 crore on a sales of Rs 54 crore during last fiscal.
The company made a nominal profit of Rs 10 lakh on a turnover of Rs 6.35 crore for the first quarter of current fiscal.
