Ashiana Housing reports Rs 75.5 million net loss in Q2 FY25

15 Nov 2024 CW Team

Ashiana Housing posted a net consolidated loss of Rs 75.5 million for the quarter ended September 30, 2024, marking a shift from the Rs 273.5 million profit recorded in the same period last year, according to a BSE filing.

The company’s net consolidated total income dropped to Rs 595.3 million in Q2 FY25, compared to Rs 3.51 billion in the corresponding quarter of the previous fiscal.

As of September 30, 2024, Ashiana Housing's financial metrics included a net worth of Rs 7.56 billion, a debt-equity ratio of 0.35, a current liability ratio of 0.85, a total debt-to-total-assets ratio of 0.09, an operating margin of 14.36%, and a net profit margin of -12.67%.

(ET)

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..