Amritha Pillay
Amritha Pillay
The company added that cement remains its core business, while entry into wires and cables is an adjacencies play
The company expects data centres, semiconductors, and the solar industry in India to drive demand
Over the past few years, Aditya Birla Group has also adopted a closer-to-the-end-consumer approach, with an expanded presence in jewellery, fashion retail, real estate, and paints
As country 'digs deeper', experts stress need for mindful development
Industry executives add payments picking pace in Q4
Vimal Kejriwal, managing director and CEO of KEC International, in a recent call with analysts, noted that labourers earlier worked at a site for close to a year before availing their annual leave
Chinese aluminium imports no longer cheaper and country can't afford to dump metal in India, says company's MD
Profit boost from robust India aluminium business and higher other income
The projects in question included two wind power plants to be set up in Mannar and Pooneryn at a total investment of $442 million
The direct impact of the move is restricted to the stainless steel industry, which exported about 9 per cent of its total exports in value terms to the US
In the quarter under review, Grasim's consolidated net profit stood at Rs 899 crore, against Rs 1,514.4 crore a year ago
Of the company's 3,858 megawatt (MW) thermal assets, 34 per cent is in the open market as of December, 2024
Leading voices from the world of business have expressed their opinions on how many hours people should work, but the debate over the work week remains complicated
The company reported an 81 per cent jump in PBDIT to Rs 3,667.6 crore from a year ago. PBDIT is profit before depreciation, interest, and taxation
For the October-December 2024 period, analysts and industry executives estimated demand growth of 4-5 per cent at the industry level
During the quarter, the metals and oil & gas company reported a consolidated net profit of Rs 3,547 crore, compared to Rs 2,013 crore a year ago
Profit before interest, depreciation, and tax (PBIDT) for the company was flat at Rs 3,723 crore on a year-on-year (Y-o-Y) basis
The company's quarterly profit, however, missed Street estimates. In a Bloomberg poll, analysts had estimated an adjusted net income of Rs 3,771 crore and revenue of Rs 64,742 crore
Higher volume, one-time tax-related reversals and receipt of certain governemnt incentives aided profitability
The company expects to end FY25 with a capital expenditure of Rs 1,500-1,600 crore, said Sandeep Modi, chief financial officer of the company