CORPFY24A

KEI plans Rs.900-crore capex on greenfield Sanand plant in FY25

    KEI Industries has outlined capital expenditure of Rs.900 crore in the current fiscal year FY25 on its greenfield cable manufacturing plant at Sanand in Gujarat. Among other products such as LT and HT cables, the greenfield plant located at Read more

Apar’s order book in cable & conductor business crosses Rs.8,300 crore

    The combined order book of the cable and conductor business of Apar Industries Ltd crossed Rs.8,300 crore, as of March 31, 2024. According to a company investor presentation, the said order book stood at Rs.8,321 crore, with conductors accounting Read more

Demerger of Siemens’ energy business approved

    The board of directors of Siemens Ltd has approved the proposal to demerge its energy business into a separate legal entity – Siemens Energy India Ltd. Siemens Energy India Ltd, currently a wholly-owned subsidiary of Siemens Ltd, will be Read more

ABB India sees record order inflow in Jan-Mar 2024

    ABB India has witnessed record inflow of Rs.3,607 crore during the quarter ending March 31, 2024. In a release, ABB India said that this order inflow was the highest first-quarter order inflow since the past five years. Read more

Polycab sees 27 per cent growth in wire & cable business

    Polycab India Ltd has reported a 27 per cent year-on-year growth in its revenues from the wire & cable business in FY24. In a release, Polycab said that the company’s revenues from the wire & cable (W&C) business reached Read more

Kalpataru Projects records new all-time high order book

    Kalpataru Projects International Ltd (KPIL) recorded its new all-time high order book of Rs.58,415 crore, as of March 31, 2024. The company’s order book, as of December 31, 2023, stood at Rs.51,753 crore, which was also the all-time Read more

Tata Power: Transmission portfolio crosses 6,250 ckm

The power transmission portfolio of Tata Power has crossed 6,250 km as of March 31, 2024, the company said in a release announcing its FY24 financial results. Tata Power said that its power transmission portfolio, as of March 31, Read more

KEC International closes FY24 with order inflow of over Rs.18,000 crore

    KEC International closed the financial year ending March 31, 2024 (FY24) with order inflow exceeding Rs.18,000 crore with power T&D accounting for over half. In an investor presentation, KEC International Ltd said that its order inflow during FY24 stood Read more

CG reports 45 per cent growth in order book

    CG Power & Industrial Solutions Ltd (CG) has reported a 45 per cent year-on-year growth in outstanding order book position as of March 31, 2024. In a press release, CG said that its unexecuted order book as of March Read more

Voltamp Transformers sees 37 per cent growth in order inflow

    Voltamp Transformers Ltd, in a stock exchange communication, said that its order inflow during FY24 was up 37 per cent, in value terms. The company said that during FY24, order inflow stood at Rs.1,859 crore, up 37 per cent Read more