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 Urban

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Next Story
Infrastructure Urban

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..

Next Story
Infrastructure Energy

Sigenergy Launches AI Agent For Energy Systems

Sigenergy has introduced SigenAgent, described as the energy industry’s first all-domain AI agent, during its ‘AI in All’ event. The platform is designed to move solar-and-storage systems from reactive hardware to autonomous, goal-driven energy systems for households and businesses.SigenAgent works through a continuous loop of perception, reasoning and action. It analyses real-time factors such as weather patterns, electricity prices and grid conditions to determine and execute the most efficient operating strategy. Users can set broad goals, such as reducing electricity bills or securin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->