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EPACK PREFAB completes 3.2 mn sqft industrial facilities
EPACK PREFAB, a provider of pre-engineered building and construction solutions, has successfully concluded the construction of industrial facilities spanning 3.2 million square feet, valued at Rs 2.03 billion, for leading automobile companies in India. This comprehensive project encompasses the utilisation of pre-engineered buildings and associated materials.
Among the prominent automotive firms benefiting from EPACK PREFAB's services are Hero MotoCorp, ASK Automotive, ACE, Ashok Leyland, SML Isuzu, Honda India Power Products, JK Tyre & Industries, JBM, and others.
Sanjay Sin..
L&T subsidiary opens new manufacturing unit in Saudi Arabia
L&T Valves Ltd., a subsidiary of Larsen & Toubro, established a new manufacturing plant in Al Jubail, Saudi Arabia, next to the Dammam-Abu Hadriyah Highway. One of Saudi Arabia's main providers of on-off valves is L&T Valves.
The manufacturing facility is being opened with the intention of satisfying the increasing demand from the Middle East. In keeping with Saudi Vision 2030, Anil V. Parab, Whole-time Director and Senior Executive Vice President, Heavy Engineering and L&T Valves, emphasised that the new facility will greatly improve local manufacturing capabilities..
LIC Housing Finance net profit dips 9.14% in Q4 of FY24; Rs 10.8206 bn
LIC Housing Finance disclosed a 9.14 % decline in its net consolidated profit for the quarter ending March 31, 2024. Its profit after tax reached Rs 10.8206 billion in Q4 FY24, down from Rs 11.9088 billion in the corresponding period of the previous fiscal, as per the company's filing with BSE. The net consolidated total income for Q4 FY24 amounted to Rs 69.4861 billion, marking an 8.04% increase from Rs 64.3123 billion in the same quarter last year.
Tribhuwan Adhikari, MD & CEO said, "Our focus on reduction in NPA and control over cost of funds have enabled us to close the year with a..
