BEML takes up expansion plans

Man Infraconstruction saw a rise in quarterly net profit

Man Infraconstruction Ltd. showed an over-twofold rise in its standalone net profit to Rs 0.66 billion for the March quarter, increasing over Rs 0.29 billion during the fourth quarter of the last fiscal. The rise was seen on account of lower expenses.

EPC company Man Infraconstruction specialises in infrastructure, ports, commercial projects, institutions, IT projects, futuristic lifestyle homes, etc.

Man Infraconstruction reduced their expenditures from Rs 3.32 billion to Rs 1.14 billion in the previous year.In the fourth quarter of FY23, the firm reduced its cost of material..

Shree Cement incurs Rs 6.62 billion profit for Q4; beats expectations

Shree Cement, India's third-largest cement manufacturer by market capitalisation announced a fourth-quarter profit that exceeded, attributing it to increased volumes driven by lower cement prices. Typically, cement companies witness a surge in volumes in the March quarter as they reduce prices to clear year-end inventory backlogs.

Analysts had anticipated that reduced fuel costs would partially offset the decline in prices. Shree Cement's profit for the quarter ending March 31 reached Rs 6.62 billion, surpassing street forecasts of Rs 6.20 billion, as per LSEG data. This marked a si..

Revolutionizing Concrete Infrastructure: Ajax Engineering's Milestone

Ajax Engineering, a pioneering force in the construction industry, has reached a monumental achievement by becoming the first to export slip-form pavers, a cutting-edge technology that promises to revolutionize concrete infrastructure projects worldwide.

With a commitment to innovation and excellence, Ajax Engineering's slip-form pavers represent a quantum leap in the construction of concrete infrastructure. These state-of-the-art machines enable the seamless and precise pouring of concrete, ensuring unparalleled accuracy and efficiency in project execution.

Designed to meet ..

Kerala Boosts Logistics Capability to Enhance Economic Infrastructure

Kerala is intensifying efforts to bolster its logistics capabilities, aiming to fortify economic infrastructure and stimulate growth across various sectors. The state government's proactive measures include strategic investments and infrastructure enhancements to streamline transportation and logistics operations.

With a focus on improving connectivity and efficiency, Kerala plans to optimize existing logistics networks while developing new infrastructure projects. This initiative aims to reduce transit times, lower operational costs, and facilitate smoother movement of goods within and..

KSH Logistics Expands Chennai Facility

KSH Logistics, a prominent player in the logistics and warehousing sector, has announced a significant expansion of its operations in Chennai. The company has augmented its multi-client facility, increasing its total capacity to a substantial 25,000 square feet. This expansion marks a strategic move by KSH Logistics to bolster its presence and enhance its service offerings in the vibrant logistics landscape of Chennai.

Chennai, often hailed as the 'Gateway to South India,' holds immense significance as a logistics hub due to its strategic location and robust infrastructure. With an aim..