Record Pre-Tax Revenue for HSL

10 Apr 2024 CW Team

Hindustan Shipyard Limited (HSL) has reached a significant milestone by recording its highest-ever pre-tax revenue, amounting to Rs 1597 crore. This achievement underscores the company's robust performance and its pivotal role in the maritime sector. HSL, a pioneering shipyard in India with a rich legacy spanning decades, has consistently demonstrated excellence in shipbuilding and repair services.

The remarkable surge in pre-tax revenue reflects HSL's strategic initiatives, operational efficiency, and adherence to quality standards. With a dedicated workforce and state-of-the-art infrastructure, HSL has emerged as a preferred choice for domestic and international clients seeking top-notch shipbuilding solutions.

This milestone is not only a testament to HSL's capabilities but also signifies its contribution to the national economy. By generating substantial revenue, HSL bolsters economic growth, fosters employment opportunities, and enhances India's maritime capabilities. Moreover, it reaffirms the shipyard's commitment to advancing the 'Make in India' initiative and promoting indigenous manufacturing.

HSL's achievement is particularly noteworthy amid the challenging economic landscape and disruptions caused by the COVID-19 pandemic. Despite these hurdles, the shipyard has persevered and excelled, showcasing resilience and adaptability in fulfilling its commitments.

The record pre-tax revenue highlights HSL's diversified portfolio and its ability to cater to diverse maritime needs. From constructing cutting-edge vessels to providing expert repair and maintenance services, HSL offers comprehensive solutions tailored to meet client requirements.

Furthermore, this milestone sets a benchmark for future growth and expansion. It underscores HSL's potential to further enhance its market presence, attract investment, and explore new avenues for collaboration and innovation.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..