Cemtrex announces $1.2M industrial contract

Cemtrex (CETX) announced that its Advanced Industrial Services subsidiary has been awarded a $1.2 million industrial installation contract and is providing a business update following its recently reported fiscal first quarter 2026 results. Saagar Govil, Chairman and CEO of Cemtrex, commented: “Our Industrial segment continues to see consistent demand for installation and infrastructure projects. At the same time, we have taken steps to reduce costs within the Security segment, implemented pricing adjustments, and expanded the platform through the acquisitions of Invocon and Richland. Our focus remains on improving operating performance as these actions take effect and as the recently acquired businesses begin contributing to results.”