Covid-19 second wave: State govts offer assistance to construction workers

Amic Forging PAT Rises 151 Per Cent in FY25

Amic Forging Limited reported strong operational and financial performance for the financial year ended 31st March 2025. Profit After Tax (PAT) rose 151.04 per cent year-on-year to Rs 355.6 million, while Profit Before Tax (PBT) reached Rs 454.3 million, up 144 per cent. Operational PBT stood at Rs 247.1 million, reflecting a 62.09 per cent rise despite ongoing capital investments. EBITDA grew to Rs 487 million, marking a 145.3 per cent increase. The company’s revenue from operations was Rs 1.21 billion, marginally lower due to delays in dispatch linked to supply constraints. Othe..

Valor Estate Posts Rs 11.33 Billion Revenue in FY25

Valor Estate Limited (formerly DB Realty Limited) reported a revenue of Rs 11.33 billion for the financial year ended 31st March 2025, up 217 per cent from Rs 3.57 billion in FY24. This surge was driven by real estate income of Rs 7.66 billion, primarily from the TEN BKC project, which contributed Rs 5.35 billion in Q4FY25 alone following a partial occupancy certificate.The company also completed the sale of a non-core asset worth Rs 2.73 billion and announced a strategic commercial development at Sahar with Prestige Estates Projects Limited. This 1.5 million square foot project carries a Gros..

MBL Infra Reports Rs 2.48 Billion Consolidated Revenue

MBL Infrastructure Limited has announced its financial results for the year ended 31st March 2025, reporting a consolidated income of Rs 2.48 billion, compared to Rs 2.53 billion in the previous year. On a standalone basis, the company’s income increased to Rs 2.03 billion from Rs 1.84 billion in FY24. Standalone profit, including exceptional items, rose significantly to Rs 487.9 million from Rs 66.3 million in FY24. On a consolidated basis, the company reported a turnaround with a profit of Rs 1.69 billion, compared to a loss of Rs 394.3 million in the previous year. Establishe..