The company has doubled its commercial paper issuance limit from ₹1,000 crore to ₹2,000 crore, allowing for increased liquidity and financial flexibility.
For the first nine months of FY25, AGI Infra reported a net profit of ₹50.92 crore, a 19.1% increase YoY, while total revenue stood at ₹248.53 crore, up 14.1% YoY.
The company is also working closely with the Chamber of Mines Mozambique (CMM) and local communities to promote sustainable mining and economic development.
Despite a decline in revenue, the company’s profitability was aided by efficient cost management and strategic divestments. The company’s finance costs stood at ₹82.26 crore, while depreciation and amortization expenses were ₹90.04 crore.
Smartweb Internet Services Ltd. is poised to act as the sponsor and investment manager for the Trust and its schemes.
With the new capacity, UltraTech Cement's total domestic grey cement manufacturing capacity now stands at an impressive 166.31 MTPA. In addition, the company holds an overseas capacity of 5.4 MTPA, bringing its global cement manufacturing capacity to a total of 171.71 MTPA.
Mahindra Electric is set to take bookings for its highly anticipated electric Origin SUVs, including the BE 6 and XEV 9e models, with all nine variants available.
Swiggy successfully completed its Initial Public Offering (IPO) during the quarter, raising ₹4,358.98 crore net of issue expenses.
Promoters sold 2.14 crore equity shares at an average price of ₹1,686.7 per share, bringing their holding to 51% as of December 31, 2024.
A gain of ₹1,136.77 lakhs recorded from the sale of an immovable property to a promoter group company.
Azad Engineering Limited, headquartered in Hyderabad, is poised to leverage its manufacturing capabilities to meet the stringent quality and performance standards required by Rolls-Royce.
With an existing order book of Rs. 2,546 Crore as of January 31, 2025 – which includes the Dharavi to Ghatkopar Tunnelling order valued at approximately Rs. 1,150 Crore – the new project will elevate WMEL’s outstanding orders to nearly Rs. 2,791.76 Crore (excluding GST), with Rs. 124.75 Crore attributed to O&M works.
The project forms a vital part of East Coast Railway’s ongoing efforts to upgrade the rail network, ensuring better operational efficiency and passenger safety.
In December 2024, the company announced the acquisition of Core Diagnostics Private Limited, a leading diagnostic service provider in India, for ₹24,683 lakhs. This acquisition is expected to enhance the company’s offerings and strengthen its presence in the healthcare sector.
₹3,500 crore raised via QIP for infrastructure and renewable projects.
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