Arihant Superstructures' net profit falls drastically in Q4 FY2

23 May 2023 CW Team

Arihant Superstructures reported a 97.67% decrease in net consolidated profit for the quarter ending March 31, 2023. Its profit after tax was Rs 23.47 lakh in Q4 FY23, compared to Rs 98.7 billion in the previous fiscal's corresponding period, according to a BSE filing.

The company's net consolidated total income was Rs 665 billion in Q4 FY23, a 7.32 percent decrease from Rs 712.7 billion in the same period prior year.

In a separate regulatory filing, the business stated that Virendra Mital will step down as an independent director on May 22, 2023, after completing his second five-year term.

The board of directors authorized the appointment of Dhhaj Jopat as the company's chief financial officer, effective May 22, 2023.

The board also recommended a final dividend of Rs 10 per equity share for the fiscal year 2022-2023, according to the regulatory filing.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..