Somany Ceramics acquires up to 52% stake in Dura Build Care
The acquisition, valued at Rs. 10.5 crores, will give SCL access to enhanced production capacity, bolstering its position in the market.
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The acquisition, valued at Rs. 10.5 crores, will give SCL access to enhanced production capacity, bolstering its position in the market.
During the quarter, the company acquired a 40.40% stake in Hazelnut Factory Food Products Private Limited, a Lucknow-based café and artisanal sweets brand, for ₹61 crore. The company plans to increase its stake to 53.02% with a total planned investment of ₹131.01 crore over the next two years.
The company’s AUM reached ₹23,976 crore, marking a 21% year-on-year (YoY) growth, while profit after tax (PAT) rose by 22% to ₹667 crore for the nine-month period ending December 31, 2024.
The total capital expenditure of ₹40 crore for the project will be financed by STLC, with JKLC's investment limited to its 26% equity stake, in compliance with Captive Power Rules.
A fire in the cable vault on September 23, 2024, had temporarily halted operations at Trombay Unit 5.
The company's contractual and manufacturing segment generated ₹239.04 crore in revenue, while its real estate division remained the dominant contributor with ₹1,060.96 crore in revenue.
Showing strong financial performance despite increased costs. Profit After Tax (PAT) for Nine Months (FY24-25) amounted to ₹25.07 crore.
Following the approval of the name change, the company’s official website will transition from zomato.com to eternal.com, and the stock ticker will change from ZOMATO to ETERNAL.
While profitability declined, Chairperson & Managing Director Smt. Vinita Singhania attributed the dip to lower sales realization in primary markets.
The redevelopment of the New Delhi Railway Station is expected to modernize the country’s busiest railway hub, enhancing passenger experience, operational efficiency, and urban connectivity.
The company recorded a 13% year-on-year (YoY) increase in total revenues, reaching ₹468,780 million, driven by strong growth in mobile services, enterprise solutions, and data center operations.
ARPU (Average Revenue Per User) increased to ₹241 in Q3 FY25, up from ₹200 in Q3 FY24, reflecting industry-leading ARPU growth.
The YoY revenue decline reflects weaker demand in overseas markets, with international revenue falling from ₹645.30 crore in Q3 FY24 to ₹592.54 crore in Q3 FY25.
The revenue growth was driven by an increase in orders from the automotive sector, while rising costs in raw materials, employee expenses, and finance costs weighed on the company’s profitability.
The company received a refund of ₹2,574.94 lakh (including ₹786.70 lakh in interest) from the tax authorities, with 50% of the amount to be shared with Greenpanel Industries Limited as per a prior demerger agreement.
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