Uni Abex Declares 350 Per Cent Dividend, Approves Capex Plan
ECONOMY & POLICY

Uni Abex Declares 350 Per Cent Dividend, Approves Capex Plan

financial year 2024–25, highlighting robust growth and operational efficiency. The company declared a record 350 per cent annual dividend and approved a Rs 850 million capital expenditure plan to expand capacity. 
In the fourth quarter of FY25, Uni Abex reported a net profit of Rs 126.4 million, a rise of 267.44 per cent from Rs 34.4 million in the corresponding quarter last year. Revenue from operations increased by 79.83 per cent to Rs 604.4 million, compared to Rs 336.1 million in Q4 FY24. 
The Board has approved a Rs 850 million capacity-building initiative to enhance manufacturing and meet growing demand in sectors such as petrochemicals, refineries, fertilisers, and fuel infrastructure. The project is slated for completion in the second half of FY 2026–27 and will be funded through internal accruals and bank finance. 
The investment aligns with the Make in India initiative and reflects Uni Abex’s focus on long-term scalability, operational excellence, and global competitiveness. 
Source: 
Business Standard

financial year 2024–25, highlighting robust growth and operational efficiency. The company declared a record 350 per cent annual dividend and approved a Rs 850 million capital expenditure plan to expand capacity. In the fourth quarter of FY25, Uni Abex reported a net profit of Rs 126.4 million, a rise of 267.44 per cent from Rs 34.4 million in the corresponding quarter last year. Revenue from operations increased by 79.83 per cent to Rs 604.4 million, compared to Rs 336.1 million in Q4 FY24. The Board has approved a Rs 850 million capacity-building initiative to enhance manufacturing and meet growing demand in sectors such as petrochemicals, refineries, fertilisers, and fuel infrastructure. The project is slated for completion in the second half of FY 2026–27 and will be funded through internal accruals and bank finance. The investment aligns with the Make in India initiative and reflects Uni Abex’s focus on long-term scalability, operational excellence, and global competitiveness. Source: Business Standard

Next Story
Infrastructure Energy

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Next Story
Infrastructure Urban

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Next Story
Infrastructure Energy

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?