Emami Realty posts net loss of 177.9 million

31 May 2023 CW Team

The quarter ending March 31, 2023, saw Emami Realty post a net consolidated loss after tax of Rs. 17.79 crore. According to a BSE filing by the company, it earned a net consolidated profit after tax of 42.3 million in the equivalent quarter of the prior fiscal.

The company's net consolidated total revenue for the fourth quarter of FY23 was 456.1 million, down from 534.5 million in the same quarter of FY22 by 14.67 percent.

Its overall revenue fell by 45.68% in FY23 from 2416.9 million to 1312.9 million, representing a decrease. In the fiscal year 2022–2023, it reported an after-tax loss of Rs 411.2 million. The business reported a profit after tax of Rs. 15 million in FY22.

Infrastructure Energy

28 Aug 2025

REC Hosts 56th AGM, Highlights Record Growth and Sustainability

REC Limited conducted its 56th Annual General Meeting (AGM) today through video conferencing, chaired by Jitendra Srivastava, Chairman & Managing Director. The meeting highlighted the company’s record operational and financial performance during the year, along with its strong focus on sustainability and ESG-led initiatives.Jitendra Srivastava, Chairman & Managing Director, in his address noted that REC achieved significant milestones during the year, strengthening its position as a performance-driven public financial institution. Loan sanctions stood at Rs 3.37 trillion, with disbur..

ADGBR Reviews Road Projects under Project Vartak

Additional Director General Border Roads (ADGBR) Jitendra Prasad conducted a four-day review of ongoing road and bridge construction works under Project Vartak in the area of responsibility (AoR) of the 42 Border Roads Task Force (BRTF) from 19 to 22 August.Prasad inspected key infrastructure projects including the Balipara–Charduar–Tawang (BCT) road, Sela–Chabrela–Banga Janga Gonpa road, Banga Janga Gonpa–Lagamche GG road, the Sela tunnel, and multiple roads in the Nelya sector.At various construction sites, project officials briefed him on project scope, progress, timelines, and op..

Nitin Gadkari Launches Three Highway Projects in Madhya Pradesh

Union Minister for Road Transport and Highways, Nitin Gadkari, laid the foundation stone for three National Highway (NH) projects in Madhya Pradesh on 24 August. According to the Ministry of Road Transport and Highways (MoRTH), the projects are designed to reduce travel time, ease congestion, enhance road safety, and improve connectivity across key corridors.The first project covers the four-laning of the 17.87 km Amazhar–Barela stretch, completing the Jabalpur Ring Road. The upgrade will divert heavy vehicles away from the city, reduce accident risks, and ensure smoother connectivity from A..