Indian Mineral Production records positive growth in April 2023

24 Jul 2023 CW Team

Based on the Indian Bureau of Mines (IBM) data, the mineral production index for the mining and quarrying sector in April 2023 reached 122.5, indicating a noteworthy 5.1 per cent increase from April 2022. The cumulative growth from April 2022 to April 2023 compared to the previous year displayed a promising rise of 5.8 per cent.

In April 2023, coal production reached its peak at 73.1 million metric tonnes (MT), followed by lignite at 3.2 MT, and natural gas (utilised) at 2,671 million cubic meters.

Additionally, there were notable quantities of other minerals produced in April 2023. Crude petroleum accounted for 2.4 MT, iron ore saw 24.7 MT, limestone stood at 38.6 MT, and bauxite at 1.5 MT.

Some minerals exhibited impressive positive growth during this period. Phosphorite production experienced a significant increase of 29.1 per cent, reaching 162,000 tonnes. Magnesite followed suit with a growth rate of 27.7 per cent, totalling 10,000 tonnes, while iron ore saw a growth of 13.1 per cent.

Other minerals that displayed positive growth included limestone at 12.7 per cent, copper concentrate at 12 per cent (9,000 tonnes), lead concentrate at 10.6 per cent (29,000 tonnes), coal at 8.8 per cent, manganese ore at 6.9 per cent (265,000 tonnes), and zinc concentrate at 4.1 per cent (130,000 tonnes).

On the contrary, despite being among the highest producers, lignite experienced a decline of 21.2 per cent in April 2023. Chromite production also witnessed a significant drop of 40.1 per cent, amounting to 273,000 tonnes. Bauxite production declined by 24.7 per cent, and gold production was down by 8.1 per cent (102 kg).

Furthermore, crude petroleum production decreased by 3.6 per cent, and natural gas (utilised) went down by 2.8 per cent. Lastly, it's worth mentioning that there were also smaller quantities of lead concentrate at 29,000 tonnes and two carats of diamond produced during this period.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..