Finance that brings insightful information and articles from the world of Indian manufacturing

Nupur Recyclers Limited delivers strong Q2 FY25 performance, unveils ambitious expansion plans

Published : 22, Nov 2024

The company has announced plans to expand into metal scrap processing, aluminium extrusion, and lithium-ion battery recycling

Setco Auto achieves revenue of Rs. 322.4 crore in H1 FY25

Published : 15, Nov 2024

The EBITDA for H1 FY25 stood at Rs. 46.3 crore, an increase from Rs. 27.0 crore in H1 FY24, with a 72 per cent year-on-year growth driven by rising aftermarket volumes, ongoing cost-saving...

Bansal Wire Q2 FY25 net profit jumps by 120.76 per cent to Rs 400.59 Mn

Published : 13, Nov 2024

The company’s revenue for Q2 FY25 rose by 36.79 per cent to Rs 8,254.49 Mn, while EBITDA increased to Rs 681.04 Mn, up 78.91 per cent compared to Rs 380.66 Mn in the corresponding...

Vedanta Group to invest $500 million in AvanStrate Inc

Published : 12, Nov 2024

This strategic investment aims to drive innovation and expansion within ASI, strengthening its focus on R&D, manufacturing capabilities, and product offerings

Ashok Leyland partners with Madhya Pradesh Gramin Bank to provide vehicle financing solutions

Published : 12, Nov 2024

Through this partnership, Madhya Pradesh Gramin Bank will provide comprehensive financial solutions to Ashok Leyland's customers, focusing on vehicle loans with flexible monthly repayment...

Epigral Limited's Q2FY25 PAT jumps 111 per cent to Rs 81 crore

Published : 12, Nov 2024

Epigral’s board has approved an expansion project for CPVC and Epichlorohydrin (ECH) production

Q2 FY25 results: Mahindra & Mahindra's automotive and farm divisions deliver robust performance

Published : 7, Nov 2024

The automotive division achieved record-high quarterly volumes of 231,000 units, a 9 per cent increase year-over-year, driven by strong demand, particularly in utility vehicles (UVs),...

Wendt (India) Ltd reports strong Q2 FY 2024-25 results: Standalone sales up 10 per cent, PAT Grows 22 per cent YoY

Published : 21, Oct 2024

Domestic sales contributed Rs 3,937 lakh, up by 11 per cent year-over-year, driven by robust demand from key industries such as automotive, auto ancillary, cutting tools, steel, and...

CG Power and Industrial Solutions reports 19 per cent YoY sales growth in Q2 FY 2024-25

Published : 21, Oct 2024

The company’s order intake for the quarter saw a notable 43 per cent growth year-over-year, amounting to Rs 3,196 crores, with an unexecuted order backlog standing at Rs 7,831 crores—50...