Tag: Business

Mumbai (Maharashtra) [India], May 15: Petro Carbon and Chemicals Limited (PCCL), a large Indian Calcined Petroleum Coke (CPC) sector player, has taken a bold leap toward energy independence and sustainability with the successful commissioning of a cutting-edge 10 MW Waste Heat Recovery-based Captive Power Plant at its Haldia facility in West Bengal. This milestone is part of a larger strategic transformation, as PCCL gears up to expand its product portfolio with the upcoming addition of two new high-value offerings: advanced carbon materials. This will enable the company to serve a broader range of industries and reinforce its position as a fully integrated, future-ready carbon solutions provider committed to efficiency, innovation, and sustainable growth.

Company Background and Industry Role:

Founded in 2007, PCCL specializes in the manufacture of Calcined Petroleum Coke (CPC), a critical raw material for the aluminium, steel, and carbon product industries. Operating from its integrated facility within the Haldia Dock Complex, the company’s capacity to produce 93,744 TPA of high- trade CPC using advanced rotary kiln technology. Its output is vital to sectors requiring high carbon content, such as aluminium smelting and specialty steel production.

PCCL with its proximity to the Haldia Oil Refinery, port infrastructure, and a dedicated railway sidingbenefits from strong logistical integration, enabling swift sourcing of raw materials and efficient dispatch of finished goods to Marquee clients.

Leadership and Vision:

Under the stewardship of Managing Director, Mr. Vishal Atha and Whole-Time Director, Mr. Rudra Sen Singh, PCCL continues to prioritize innovation, quality, and environmental stewardship. Mr. Atha’s business acumen has been instrumental in scaling operations and pursuing vertical integration, while Mr. Singh brings over five decades of technical expertise to ensure process excellence. Their leadership reflects in initiatives such as the new power plant and sustainable practices aimed at lowering the company’s carbon footprint. The management’s focus is clear: to build a future-ready carbon company that balances profitability with responsibility.

Expansion and Business Developments:

In a regulatory disclosure dated March 7, 2025, PCCL announced the commissioning of a 10 MW WHRB captive Power Plant at its Haldia factory on March 6, 2025. This self-sustained energy infrastructure enhances the operational resilience of the facility, ensuring uninterrupted and cost- effective power for CPC production. The power plant is expected to optimize energy costs, reduce external power dependency, and support future capacity expansion. This move aligns with the company’s broader strategy of integrating energy and process efficiencies into its carbon manufacturing value chain.

In addition to commissioning its 10 MW WHRB captive power plant, PCCL has recently received Environment Clearance from the Ministry of Environment, Forest and Climate Change, Government of India. This clearance allows the company to undertake a major expansion at its Haldia plant, including the installation up to 72,000 TPA of advanced carbon materials and a 48,000 TPA revamping of its Old Carbon Paste Plant. These developments underscore PCCL’s commitment to diversification, horizontal integration, and environmental compliance.

Further, PCCL’s subsidiary company has entered into a partnership, the entity is engaged in the carbon chemicals business. This strategic move broadens the group’s operational footprint and enhances its market offerings across adjacent product lines.

Industry Trends and Strategic Resilience:

The CPC industry has faced headwinds in FY 2025, primarily due to elevated raw material prices that could not be fully passed on to customers, leading to margin pressures across the sector. However, PCCL, owing to its agility and razor-sharp focus on cost control, has navigated these challenges effectively maintaining profitability and avoiding losses despite the difficult macro environment. This reflects the company’s operational strength and proactive management.

Sustainability, Capacity, and Future Outlook:

PCCL’s environmental policy emphasizes regulatory compliance, resource efficiency, and pollution control. The new power plant not only bolsters energy security but also aligns with the group’s green initiatives. With demand for CPC set to grow alongside the aluminium and steel sectors, the company is well-positioned to scale up business responsibly and meet evolving industry needs.

PCCL is also actively exploring expansion into the carbon-based recycling industry. Substantial management efforts are being directed towards confirming the strategy and evaluating diversification into this space, which aligns with global sustainability trends and long-term market demand.

Looking ahead, PCCL plans to build on its infrastructure and leverage its strategic location to cater to both domestic and export markets. The Haldia unit, now equipped with captive power generation, stands as a robust hub for sustained carbon material supply in the region.

Business Update and Market Position:

PCCL continues to maintain stable operational performance with production and sales volumes in line with historical figures. A significant portion of the company’s revenues comes from Marquee clients such as NALCO and Hindalco comprising a major part of its customer base. This reflects the company’s strong credibility, consistent quality and alignment with top-tier buyer in the industry.

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New Delhi [India], May 15: Rikhav Securities Limited, (BSE – RIKHAV | 544340), one of the leading diversified stock market services providers has announced its Audited Financial Results for H2 FY25 & FY25.

Key Consolidated Financial Highlights

FY25

• Total Income of ₹ 327.77 Cr

• EBITDA of ₹ 34.50 Cr

• EBITDA Margin of 10.53%

• Net Profit of ₹ 23.67 Cr

• Net Profit Margin of 7.22%%

• EPS of ₹ 7.51

Commenting on the financial performance, Mr. Hitesh Lakhani, Chairman & Managing Director, Rikhav Securities Limited said, “This financial year marks an important milestone as our first full year post-listing. While the second half posed challenges due to a sharp correction in midcap and SME stocks, and reduced derivative volumes following regulatory changes by SEBI, we remained focused on long-term value creation and operational discipline.

During the year, we also undertook a strategic reclassification of certain equity investments from Non-Current Investments to Stock-in-Trade, aligning with our shift toward active trading. As a result of this change, a non-cash fair valuation loss of ₹33.88 Cr was recognized in the Profit & Loss account as of 31st March 2025, which had a material impact on our reported profitability.

Despite these short-term pressures, we remain optimistic about market recovery and India’s growing appeal as a global investment destination. Backed by a strong client base, two decades of industry experience, and a technology-driven approach, we are confident in our ability to navigate challenges and drive sustainable growth.”

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Mumbai (Maharashtra) [India], May 15: Arkade Developers Limited, (BSE – 544261, NSE – ARKADE) one of the leading real estate development companies focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra, has announced its Audited Financial Results for Q4 FY25 & FY25.

Consolidated Key Financial Highlights:

Q4 FY25

* Total Income of ₹ 134.34 Cr, YoY growth of 9.10%

* EBITDA of ₹ 44.46 Cr, YoY growth of 64.71%

* EBITDA Margin of 33.82%, YoY growth of 1186 Bps

* Net Profit of ₹ 33.26 Cr, YoY growth of 69.60%

* Net Profit Margin of 24.76%, YoY growth of 883 Bps

* EPS of ₹ 1.96, YoY growth of 51.94%

FY25

* Total Income of ₹ 694.60 Cr, YoY growth of 9.26%

* EBITDA of ₹ 206.09 Cr, YoY growth of 23.08%

* EBITDA Margin of 30.17%, YoY growth of 379 Bps

* Net Profit of ₹ 156.93 Cr, YoY growth of 27.67%

* Net Profit Margin of 22.59%, YoY growth of 326 Bps

* EPS of ₹ 9.25, YoY growth of 14.34%

Standalone Key Financial Highlights:

Q4 FY25

• Total Income of ₹ 134.25 Cr, YoY growth of 8.76%

• EBITDA of ₹ 44.46 Cr, YoY growth of 64.47%

• EBITDA Margin of 33.82%, YoY growth of 1182 Bps

• Net Profit of ₹ 33.26 Cr, YoY growth of 69.50%

• Net Profit Margin of 24.78%, YoY growth of 888 Bps

• EPS of ₹ 1.96, YoY growth of 51.94%

FY25

• Total Income of ₹ 695.03 Cr, YoY growth of 9.18%

• EBITDA of ₹ 206.14 Cr, YoY growth of 23.03%

• EBITDA Margin of 30.18%, YoY growth of 378 Bps

• Net Profit of ₹ 156.93 Cr, YoY growth of 27.64%

• Net Profit Margin of 22.58%, YoY growth of 327 Bps

• EPS of ₹ 9.25, YoY growth of 14.34%

Commenting on the Q4 FY25 & FY25 results, Mr. Amit Jain, Chairman and Managing Director, Arkade Developers Limited said, “We’re delighted to report that Q4 FY25 delivered strong year-on-year profit growth and healthy margin expansion, capping off a year marked by double-digit growth in net profit and continued improvement in margins. This performance reflects the strength of our execution, sales velocity, and disciplined operating approach.

We are also pleased with our operational momentum in Q4 FY25, having launched three key redevelopment projects in Andheri East, Malad West and Borivali West together spanning about five acres and offering 5.85 lakh sq ft of premium living space which will substantially enrich our portfolio and drive future sales. During the quarter, we also secured a prime land parcel in Goregaon West for luxury development and advanced major cluster redevelopments in Dahisar East and Nutan Ayojan Society in Malad West, underlining our disciplined approach to land acquisition and market expansion.

Looking ahead, we will build on our recent operational momentum by deepening our redevelopment footprint across Mumbai’s western suburbs, while accelerating greenfield land acquisitions in Thane and other high-growth micro-markets setting the stage for a steady flow of premium project launches.

Our unwavering focus on on-time delivery and executional excellence will continue to differentiate us in a competitive market, fostering buyer confidence and driving project momentum. By combining our family-first brand philosophy with conservative leverage, customer-centric design and consistent quality, we are confident in sustaining growth, enhancing margins and creating long-term value for all stakeholders.”

Key Operational Highlights

Strategic Redevelopment Expansion Across Mumbai’s Western Suburbs	Initiated three redevelopment projects in Andheri East, Malad West, and Borivali West. Total land coverage: ~5 acres with a projected saleable carpet area of 5.85 lakh sq. ft. Expected to generate a total estimated turnover of ₹ 2,150 Cr.
Prime Land Acquisition in Goregaon West for Luxury Development	Acquired a premium land parcel from Aspen Properties Pvt Ltd and JV partner Kamanwala Housing Construction Ltd for ₹ 165 Cr, with an additional stamp duty of ₹ 9.9 Cr. Proposed development to deliver over 5 lakh sq. ft of saleable area. Projected revenue potential of ₹ 2,000 Cr from the luxury residential segment.
Major Cluster Redevelopment Project in Dahisar East	Acquired 6.5-acre land parcel for Anand Nagar Society cluster redevelopment. Land area: 26,286 sq. meters, with planned saleable area of approx. 6.76 lakh sq. ft across residential and commercial offerings. Estimated gross development value: ₹ 1,700 Cr. Positioned to significantly enhance the local real estate landscape.
Strengthened Presence in Malad West Through Nutan Ayojan Society Redevelopment	Secured redevelopment rights for the Nutan Ayojan Society in a key micro-market. Land parcel spans 6,858.90 sq. meters, offering approx. 2.33 lakh sq. ft of RERA saleable carpet area. Projected GDV of ₹ 740 Cr, featuring premium 2 & 3 BHK residences tailored to modern urban lifestyles.

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Mumbai (Maharashtra) [India], May 15: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), is one of the leadingcoated metal products manufacturer and exporter. Specializing in Pre-painted Galvanised Steel and Plain Galvanised Steel in both coil and sheet forms, has reported its Audited financials for Q4 FY25 & FY25.

Q4 FY25 Consolidated Financial Highlights

• Total Revenue of ₹ 209.85 Cr

• EBITDA of ₹ 17.13 Cr

• EBITDA Margin (%) of 8.16%

• Net Profit of ₹ 5.03 Cr

• Net Profit Margin (%) of 2.39%

• Diluted EPS of ₹ 0.68

FY25 Consolidated Financial Highlights

• Total Revenue of ₹ 789.66 Cr

• EBITDA of ₹ 63.01 Cr

• EBITDA Margin (%) of 7.89%

• Net Profit of ₹15.39 Cr

• Net Profit Margin (%) of 2.00%

• Diluted EPS of ₹ 2.07

Q4 FY25 Standalone Financial Highlights

• Total Revenue of ₹ 209.82 Cr

• EBITDA of ₹ 17.11 Cr

• EBITDA Margin (%) of 7.97%

• Net Profit of ₹5.10 Cr

• Net Profit Margin (%) of 1.98%

• Diluted EPS of ₹ 0.69

FY25 Standalone Financial Highlights

• Total Revenue of ₹ 789.55 Cr

• EBITDA of ₹ 62.91 Cr

• EBITDA Margin (%) of 8.15%

• Net Profit of ₹15.64 Cr

• Net Profit Margin (%) of 2.43%

• Diluted EPS of ₹ 2.11

Key Highlights for FY25

• EBITDA stood at ₹63.01 Cr, marking a 10.79% YoY increase

• Profit Before Tax rose by 38.13% YoY to ₹20.59 Cr

• Profit After Tax grew by 36.97% YoY to ₹15.82 Cr

• Earnings Per Share improved by 24.12% YoY, reaching ₹2.07

• Debt-Equity Ratio improved from 2.48 to 1.81, indicating stronger financial stability.

• For FY25 Exports contributed ₹ 306.39 Cr, which is 39% of the total revenue, whereas domestic revenue contributed ₹ 475.27 Cr, which is 61% of the total revenue.

• The production of Galvanized steel increased by 20.62% YoY in FY25.

• The production of Colour coated steel coils grew by 21.99% YoY in FY25.

Commenting on the performance Mr. Karan Agrawal Whole Time Director, Manaksia Coated Metals & Industries Limited said, “We are pleased to report that FY25 was a landmark year for us. During the year, we successfully completed two crucial fund-raising initiatives through the allotment of warrants and equity shares. The capital raised has significantly strengthened our balance sheet and will fuel our upcoming growth initiatives.

As we step into FY26, we are excited about the transformational projects underway. We are upgrading our galvanizing technology to manufacture AluZinc—a high-performance alloy-coated steel known for its durability and premium pricing. This shift is expected to improve our operating margins and overall profitability from the very first quarter of the new fiscal.

We are also in the process of establishing a captive solar power plant, which will replace a large portion of our grid dependency. This will substantially reduce our power costs and support our sustainability goals.

Additionally, we are expanding our colour-coating capacity through the installation of a second line. This will bring our downstream processing in line with our upstream capabilities, helping us serve growing demand both domestically and globally.

With growing exports and increasing demand for value-added coated products, we are confident that we are entering a new phase of accelerated and sustainable growth.”

Q4 FY25 Key Business Highlights

Allotment of Warrants on Preference	Allotted 2.07 Cr fully convertible warrants on a preferential basis at ₹65 each to promoter group and public investors, raising ₹134.55 Cr.
Allotment of Equity Shares	Allotted 52,00,000 equity shares at ₹65 each, comprising 44,00,000 shares to non-promoters and 800,000 shares to promoters, upon conversion of warrants, raising ₹25.35 Cr.

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Mumbai (Maharashtra) [India], May 15: The climate protection initiative CDP has honored LANXESS for its outstanding commitment to the fight against climate change. In its current assessment, CDP has given the specialty chemicals company the top grade of “A” in the “Climate” category. This puts LANXESS in the top 2 percent of the more than 24,700 companies evaluated by CDP.

The grade “A” is awarded to companies that report particularly transparently and comprehensively on their activities in climate protection and also implement corresponding projects. To do so, they must demonstrate their strategies and measures, such as setting scientifically sound targets and drawing up a climate protection plan. LANXESS has been disclosing climate protection-related data to CDP since 2012.

In addition, CDP assessed LANXESS’ commitment to the safe and responsible use of water resources. The organization awarded the grade “A-”.

“With our solutions and expertise, we are making a significant contribution to sustainable development. At the same time, we are helping our customers achieve their sustainability goals. CDP’s renewed top rating underscores our commitment to climate protection and shows that we are on the right track,” said Hubert Fink, member of the Board of Management of LANXESS AG.

CDP: Maximum transparency of environmental data

The independent non-profit organization CDP is dedicated to creating global transparency on greenhouse gas emissions and the management of water resources and forests. In 2025, more than 24,700 companies submitted their data, making the CDP data platform one of the world’s most comprehensive sources of environmentally relevant information. CDP reporting now covers over 66 percent of the world’s listed market capital, thus demonstrating that it has become a business norm.

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Surat (Gujarat) [India], May 15: In an age where modernity tends to sweep tradition aside, Hiru Industries took the opposite approach on this Mother’s Day.

On May 11, the organisation arranged a profoundly emotional ceremony called “Vandan”, which was attended not only by employees but also vendors, partners, and their families, all with one thing in mind: to pay tribute to the boundless love and sacrifice of parents.

In a world hurrying towards progress, “Vandan” reminded everyone there that no success story is ever complete without a chapter for the people who first provided us with life, love, and lessons.

Where Corporate Life Meets Cultural Legacy | Hiru Industries

Unlike the usual corporate celebrations, Vandan wasn’t celebrated with flowers or social media updates. 

Instead, it was filled with rituals of respect, where families knelt at the feet of their parents, giving heartfelt thanks, not only in words, but through deeply symbolic acts of worship. From sales vendors to top executives, all joined in the moving ceremony. The atmosphere was charged with silent humility, gentle chanting, and sobbing smiles, an unusual and moving phenomenon in a business arena.

“Where parents are considered gods in this country, it’s saddening to see them being left behind in old-age homes,” Hirenbhai Kakadiya, Director of Hiru Industries, said. “We feel that no success in the world can equal the blessings of one’s parents. That obligation, in fact, can’t be repaid, not even in seven lifetimes.”

A Quiet Revolution in the Language of Gratitude

The occasion, taking cues from the ideals of the Progress Alliance, fostered a rediscovery of eternal virtues, love, respect, and familial obligation. In honouring Mother’s Day with such a heartfelt, multigenerational event, Hiru Industries didn’t merely calendar a date.

They ignited a beacon for others to emulate. “Vandan” became more than a tribute; it became a reminder that in the journey of growth, one must never forget the hands that first held us.

Surat (Gujarat) [India], May 15: A new age of cinema-going has dawned in Gujarat’s diamond city. Loop Cinema, a luxurious new multiplex by Khurana Build Comp, has opened its doors, catapulting Surat’s entertainment scene into the future.

Loop Cinema is no ordinary multiplex; it’s an immersive lifestyle destination that makes each visit unforgettable.

The Future of Cinema-Going, Now Open | Loop Cinema

Spanning 35,000 sq. ft., Loop Cinema boasts eight cutting-edge screens, each with 4K laser projection and Dolby Atmos sound, providing crystal-clear images and spine-tingling sound. It’s not viewing a movie, it’s being within it. And for those who insist on comfort with their viewing, reclining seats with dual motor adjustment and built-in phone charging envelops each viewer in a cocoon of relaxation. The two top-of-the-line screens go even further with wireless charging pedestals and greater privacy.

Reinventing the Multiplex into a Lifestyle Hub

What really distinguishes Loop Cinema is its integrated concept of leisure. The complex has a well-planned gourmet food court, a coffee area, healthy desserts, and even a live kitchen, redefining “dinner and a movie” for the urban connoisseur. A three-level parking facility completes the experience. Convenience is on par with indulgence.

“Although Surat has numerous multiplexes, Loop Cinema is conceptualized to provide a unique, immersive experience,” explained Anshul Khurana and Ankita Khurana, owners of Khurana Build Comp. “It’s not a destination to watch movies, but an experience to recharge, relax, and revisit. Our tagline – Review. Refresh. Repeat. – explains it all.”

Surat’s Newest Landmark of Culture and Comfort

Loop Cinema comes at a time when moviegoers are hungry for something beyond a seat and a screen. They want atmosphere, detail, and ritual around entertainment. With its luxury amenities, forward-thinking design, and customer-centric approach, Loop is Surat’s go-to cultural oasis, a destination to come together, unwind, and lose themselves in the world of stories, over and over again.

Hyderabad (Telangana) [India], May 14: Standard Glass Lining Technology Limited (SGLTL), one of India’s leading engineering firms and a recently listed entity on NSE and BSE, proudly announces a landmark strategic alliance with Japan’s iconic AGI Group and its affiliate GL HAKKO, global leaders in advanced glass-lined technology, to manufacture World’s First Glass-Lined Shell and Tube Heat Exchangers in India.

This milestone collaboration grants SGLTL an exclusive 20-year license to assemble and market GL HAKKO’s world-class glass-lined shell and tube heat exchangers in India—a pioneering breakthrough that positions SGLTL on the global innovation map in this segment.

A Historic Opportunity for Indian Manufacturing: Speaking at the signing ceremony, Mr. Nageswara RaoKandula, Managing Director of SGLTL, remarked: “We are deeply honoured to partner with AGI and GL HAKKO, a group with a legacy spanning over 75 years in glass technology. This partnership is a golden opportunity—not just for Standard Glass, but for the entire Indian pharmaceutical and chemical sectors. Until now, this highly specialized equipment was entirely imported. We are now proud to become the first and only manufacturer of this advanced product in India.”

A $2 Billion (Estimated) Global Market Beckons: India’s pharmaceutical and chemical industries have long relied on graphite heat exchangers—an aging technology known for particle contamination and batch failures. In contrast, glass-lined shell and tube heat exchangers deliver superior durability, corrosion resistance, and process safety, representing a game-changing upgrade for critical process applications.

The latent Indian market alone is estimated to be about Rs. 2,000 crore at current estimated sales price of this product, while the global opportunity estimates exceed $2 billion. Standard Glass has already secured 150 advance orders ahead of domestic production.

“We will also manufacture this product at our upcoming world-class, highly mechanised facility, with an initial estimated capacity of about 200 units per month by Q4 FY26,” Mr. Nageswara  Rao added. “We are committed to transforming India into a global hub for glass-lined heat exchanger technology.”

Conductivity Glass-Lined Reactors: Raising the Bar in Plant Safety: In a parallel initiative, SGLTL has also signed an exclusive agreement with GL HAKKO to produce Conductivity Glass-Lined Reactors—a first for India.

“This cutting-edge technology adds a critical layer of safety by near instantly discharging static electricity—a common hazard in pharmaceutical and chemical process plants,” said Mr. Nagesh. “This innovation allows us to offer a unique and effective safety solution for our clients.”

A Heartfelt Thank You to AGI Group: “On behalf of our board, employees, and shareholders, we extend our deepest gratitude to Mr. Yasuyuki Ikeda, Group CEO of AGI Group, for his trust and vision,” Mr. Nageswara Raosaid. “This partnership marks a major turning point in our journey. With the launch of two revolutionary products—Glass-Lined Shell & Tube Heat Exchangers and Conductivity Glass Reactors—we are redefining industry benchmarks and propelling Standard Glass into a new era of leadership and customer service. As you all know our motto has always been that “Customer is God” and these products help us make our customer plants more effective, safe, and, efficient.”

AGI Group: A Committed Long-Term Partner: Mr. Yasuyuki Ikeda, Group CEO of AGI Group, expressed his enthusiasm: “I am truly delighted to bring our shell and tube glass-lined heat exchanger technology to India and the world, in partnership with Standard Glass. AGI Group is proud to be the second-largest shareholder in Standard Glass, after its Indian promoter families.”

“Mr. Nagesh’s passion for engineering excellence and his vision to eliminate graphite heat exchanger related failures inspired us to entrust this license to Standard Glass. Their ability to manufacture 90+ product types under one roof makes them a true engineering supermarket. I look forward to a long, successful collaboration that spans generations.”

About AGI and GL HAKKO: Founded in 1950, AGI is a global leader in advanced glass-engineered systems, offering solutions for the pharmaceutical, biotech, and chemical sectors. Its sister company, GL HAKKO, established in 1955, focuses on high-quality glass-lined reactor and heat exchanger technologies.

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Ahmedabad (Gujarat) [India], May 14: Advait Energy Transitions Limited (formerly known as Advait Infratech Limited) has announced its audited financial results for the quarter and financial year ended March 31, 2025, demonstrating substantial growth in revenue and profitability across both its standalone and consolidated operations.

For the full financial year FY25, the company’s consolidated revenue from operations reached ₹399.11 crore, marking a sharp increase from ₹208.84 crore in FY24. The total consolidated income stood at ₹406.46 crore. Net profit for the year rose to ₹32.05 crore, up from ₹21.89 crore in the previous year. Earnings per share also improved significantly to ₹29.06 from ₹21.45. The company’s asset base expanded to ₹492.15 crore with a strengthened net worth of ₹208.02 crore, reflecting its continued growth momentum in the energy infrastructure and renewable segments.

During the fourth quarter of FY25, Advait Energy Transitions posted consolidated revenues of ₹194.66 crore, which is double the ₹98.44 crore recorded in the third quarter. The consolidated net profit for Q4 stood at ₹12.88 crore, compared to ₹9.79 crore in the previous quarter, indicating a strong close to the financial year.

On a standalone basis, the company achieved revenues of ₹295.48 crore in FY25, compared to ₹207.43 crore in FY24. The standalone profit after tax for the year reached ₹31.49 crore, up from ₹21.33 crore in the previous year. Standalone earnings per share increased to ₹29.57 from ₹20.92, supported by strong operational execution and financial discipline.

The Board of Directors has recommended a final dividend of ₹1.75 per equity share of face value ₹10 each for FY25, subject to shareholder approval at the upcoming Annual General Meeting. In addition, the Nomination and Remuneration Committee approved the grant of 7,297 options under the Advait Employee Stock Option Plan 2022 during the quarter. The company also announced the appointment of M/s RPSS & Co. as Secretarial Auditor for a term of five years starting from the financial year 2025–26.

While the statutory auditors have issued an unmodified opinion on the standalone financial results, the consolidated results carry a qualified opinion due to a deferred correction of a material error identified in a joint venture. The management has cited internal approval constraints and has committed to rectifying the matter in an upcoming quarter.

Commenting on the performance, the management of Advait Energy Transitions expressed satisfaction with the company’s trajectory, noting that the results reflect the successful execution of its clean energy and power transmission strategy. The leadership emphasized their commitment to sustainable growth, innovation, and continued value creation for stakeholders.

“Our FY25 results reflect the successful execution of our strategic roadmap in the clean energy and power transmission sectors,” said Rutvi Sheth, Head of Strategy & Human Resources at Advait Energy Transitions Limited. 

Advait Energy Transitions Limited: Transforming Energy, Transforming Lives

Advait Energy Transitions Limited, founded in 2009 and headquartered in Ahmedabad, Gujarat (India), is a global leader in power transmission, substations, and telecommunication infrastructure. With operations across 45+ countries, over 400 successful projects, and partnerships with 90+ international clients, the company is known for its engineering excellence and technical reliability.

Advait’s core expertise includes the manufacturing and supply of Stringing Tools, ACS Wires, OPGW Cables, ERS, Optical Fibre Cables, and a full range of insulators. It has executed complex EPC projects, such as live-line OPGW installations, underground cable works, and the integration of MVCC and HT AB cables, demonstrating strong capability in delivering turnkey power infrastructure solutions.

In 2023, Advait expanded into the renewable energy sector, taking on projects in Green Hydrogen and Solar Power integration. Its offerings now include electrolysers, hydrogen fuel cell systems, refuelling stations, and hydrogen storage technologies, highlighting its strategic focus on clean, resilient, and future-ready energy systems.

From transmission to transformation, Advait continues to champion sustainability, innovation, and decarbonisation, empowering communities and industries through smart, scalable energy solutions.

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Mumbai (Maharashtra) [India], May 14: AVG Logistics Limited (BSE – 543910, NSE – AVG a leading multimodal logistics solutions provider, is pleased to announce that it has received debt funding approvals of up to approximately ₹112 Cr from two prominent PSU banks. The funds will be utilised for the strategic purchase of capital assets to cater to long-term contracts for prestigious customers and further enhance AVG Logistics’ operational capabilities towards its growth targets.

The addition of these facilities would allow AVG to generate approximately Rs. 100 Crore annualised revenue, and we expect utilisation of these facilities by 31st March 2026, i.e. Procurement of assets will be done in a phased manner in the financial year 2025-26, and the full revenue of approx. Rs. 100 Crore shall be generated from the financial year 2026-27. The addition of new assets is set to strengthen AVG Logistics Full Truck Load (FTL), Partial Truck Load (LTL) offerings, enhance its cold chain expansion, Green Logistics Expansion, i.e. EV & LNG Fleets Procurement and overall improve nationwide distribution efficiency. With this, the Company reaffirms its commitment to offer integrated, tech-enabled, and sustainable logistics solutions to prestigious customers across industries, including FMCG, Automotive, QSR, Pharmaceuticals, Steel, Cement, chemical and industrial goods

Commenting on acquisition performance, Mr. Sanjay Gupta, Managing Director & CEO, AVG Logistics Limited, said, “It is with great pride and a sense of responsibility that I share a significant milestone in our company’s growth journey. We have successfully secured banking facilities totalling ₹112 crore, which will be directed towards our capital expenditure (capex) expansion.

Our ability to secure these banking facilities reflects the strong confidence of our financial partners in our business model, governance standards, and growth trajectory. It also reaffirms our commitment to creating long-term value for our customers, employees, and shareholders. I thank each of you for your continued trust and support as we embark on this exciting new phase of our journey.”

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