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Binani Industries bags order worth Rs 1,200 crore
Binani Industries has secured an order worth Rs 1,200 crore from the National Highways Authority of India (NHAI) for the construction of a six-lane highway in Uttar Pradesh.
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Binani Industries to invest Rs 500 crore in new cement plant
Binani Industries is planning to invest Rs 500 crore in a new cement plant in Rajasthan. The plant is expected to have a capacity of 2 million tonnes per annum.
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Binani Industries reports strong Q3 results
Binani Industries has reported strong results for the third quarter of FY23. The company's revenue grew by 20% to Rs 1,500 crore, while its net profit rose by 30% to Rs 200 crore.
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Binani Industries Q4 net profit rises 15% to Rs 93 crore
The company's revenue from operations grew by 10% to Rs 1,327 crore during the quarter under review as against Rs 1,207 crore in the corresponding quarter of the previous fiscal.
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Binani Industries to invest Rs 1,000 crore in new cement plant
The plant will have a capacity of 2 million tonnes per annum (MTPA) and is expected to be commissioned by 2025.
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Binani Industries gets environmental clearance for new cement plant
The clearance has been granted by the Ministry of Environment, Forest and Climate Change (MoEFCC).
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Binani Industries to divest its cement business
The company has signed a binding agreement with UltraTech Cement Ltd, a part of the Aditya Birla Group, for the sale of its cement business.
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Binani Industries gets nod from NCLAT for resolution plan
The National Company Law Appellate Tribunal (NCLAT) has approved the resolution plan submitted by UltraTech Cement Ltd for the acquisition of Binani Industries.
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Binani Industries reports Q3FY23 results
The company reported a net loss of Rs 107.44 crore for the quarter ended December 31, 2022.