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Zuari Industries Limited Reports Profit After Tax of Rs.50.04 Crore for the Quarter Ended December 31, 2022
Zuari Industries Limited (ZIL), a leading player in the fertilizer industry, today announced its financial results for the quarter ended December 31, 2022. The company reported a Profit After Tax (PAT) of Rs.50.04 crore for the quarter, compared to a PAT of Rs.90.58 crore in the corresponding quarter of the previous year.
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Zuari Industries Limited Announces New Joint Venture with Coromandel International Limited
Zuari Industries Limited (ZIL) and Coromandel International Limited (CIL) have announced a new joint venture (JV) to establish a greenfield fertiliser manufacturing facility in Karnataka. The JV will be called Zuari Coromandel Fertilisers Private Limited (ZCFL).
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Zuari Industries Limited Receives Environmental Clearance for New Fertiliser Plant in Karnataka
Zuari Industries Limited (ZIL) has received environmental clearance from the Ministry of Environment, Forests and Climate Change (MoEFCC) for its proposed new fertiliser plant in Karnataka. The plant will have a capacity of 1.3 million tonnes per annum (MTPA) of urea and is expected to be completed by 2025.
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JSW Energy to acquire 100% stake in Jaiprakash Power Ventures
JSW Energy Ltd (JSWEL) will acquire a 100% stake in Jaiprakash Power Ventures Ltd (JPVL) for an enterprise value of Rs 9,700 crore.
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NTPC to invest Rs 1 lakh crore in renewable energy projects
NTPC Ltd, India's largest power producer, will invest Rs 1 lakh crore in renewable energy projects over the next five years.
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Power Grid to invest Rs 2.5 lakh crore in transmission projects
Power Grid Corporation of India Ltd (Power Grid) will invest Rs 2.5 lakh crore in transmission projects over the next five years.
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Reliance Industries to invest Rs 5 lakh crore in new energy projects
Reliance Industries Ltd (RIL) will invest Rs 5 lakh crore in new energy projects, including solar, wind, and hydrogen.
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Adani Group to invest Rs 2 lakh crore in coal mining projects
The Adani Group will invest Rs 2 lakh crore in coal mining projects over the next five years.
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Zuari Industries Limited Announces Q3 FY23 Results
Zuari Industries Limited (BSE: 500379, NSE: ZUARINDS) today announced its financial results for the quarter and nine months ended December 31, 2022.
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Zuari Industries Limited bags order worth Rs 2,235 crore from NTPC
Zuari Industries Limited (ZUL) has bagged an order worth Rs 2,235 crore from NTPC Limited for the supply of fly ash for its upcoming 3x800 MW thermal power plant at Kudgi in Karnataka.
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Zuari Industries Limited Q3 Results: Net Profit Jumps 50%
Zuari Industries Limited (ZUL) reported a strong set of financial results for the third quarter ended December 31, 2022, with a 50% year-on-year jump in net profit to Rs 247 crore as against Rs 164 crore in the corresponding quarter last year.
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Zuari Industries Profit Drops 85% in Q3 as Raw Material Costs Surge
Zuari Industries, a leading producer of fertilizers and chemicals, reported an 85% drop in profit for the quarter ended December 2022, as it grappled with rising raw material costs and weak demand in the domestic market. The company's net profit fell to Rs 29.9 crore in Q3 FY23, compared to Rs 197.9 crore in Q3 FY22, according to a regulatory filing.
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Zuari Industries to Invest Rs 1,200 Crore in Expansion of Fertilizer Plant
Zuari Industries, a leading producer of fertilizers and chemicals, plans to invest Rs 1,200 crore in the expansion of its fertilizer plant in Goa. The expansion project will increase the plant's capacity by 50%, from 1.2 million tonnes per annum (mtpa) to 1.8 mtpa. The project is expected to be completed by 2025.
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Zuari Industries Commissions New Biofertilizer Plant
Zuari Industries, a leading producer of fertilizers and chemicals, has commissioned a new biofertilizer plant in Goa. The plant will produce biofertilizers using a proprietary technology that converts organic waste into high-quality fertilizers. The plant has a capacity of 10,000 tonnes per annum.
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Zuari Industries Q3FY23 Net Profit Rises 13.5% to Rs 229 Crore
Zuari Industries Limited, a leading manufacturer of fertilizers and chemicals, has reported a 13.5% increase in its net profit for the third quarter of fiscal year 2023 (Q3FY23) to Rs 229 crore, compared to Rs 202 crore in the same period of the previous fiscal year.
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Zuari Industries Completes Acquisition of Mangalore Chemicals & Fertilizers
Zuari Industries Limited (ZIL) has completed the acquisition of Mangalore Chemicals & Fertilizers Limited (MCF), a leading producer of fertilizers and chemicals in India, for an estimated enterprise value of Rs 2,856 crore.
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Zuari Industries Q2FY23 Net Profit Jumps 68% to Rs 220 Crore
Zuari Industries Limited, a leading manufacturer of fertilizers and chemicals, has reported a 68% increase in its net profit for the second quarter of fiscal year 2023 (Q2FY23) to Rs 220 crore, compared to Rs 131 crore in the same period of the previous fiscal year.
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Zuari Industries to Invest Rs 1,000 Crore in Green Hydrogen Projects
Zuari Industries Limited (ZIL), a leading manufacturer of fertilizers and chemicals, has announced plans to invest Rs 1,000 crore in green hydrogen projects over the next three years.
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Zuari Industries Q1FY23 Net Profit Up 40% to Rs 172 Crore
Zuari Industries Limited, a leading manufacturer of fertilizers and chemicals, has reported a 40% increase in its net profit for the first quarter of fiscal year 2023 (Q1FY23) to Rs 172 crore, compared to Rs 123 crore in the same period of the previous fiscal year.
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Zuari Industries Consolidated March 2023 Net Sales at Rs 3,834.79 crore, up 24.84% Y-o-Y
Zuari Industries Ltdhas reported Consolidated sales of Rs 3,834.79 crore for the Quarter ended March 31, 2023, registering a growth of 24.84% from last Quarter Sales of Rs 3,072.53 crore and a growth of 24.84% from last Year Sales of Rs 3,072.53 crore.
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Zuari Industries standalone March 2023 Net Sales at Rs 3,833.97 crore, up 24.83% Y-o-Y
Zuari Industries Ltdhas reported standalone sales of Rs 3,833.97 crore for the Quarter ended March 31, 2023, registering a growth of 24.83% from last Quarter Sales of Rs 3,071.63 crore and a growth of 24.83% from last Year Sales of Rs 3,071.63 crore.
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Zuari Industries board recommends dividend at Rs4.50/share
The board of directors of Zuari Industries has recommended a dividend of Rs4.50/share for FY23.
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Zuari Industries posts loss in December quarter
Zuari Industries reported a net loss of Rs 291 crore for the December quarter, compared with a profit of Rs 137 crore in the same period of the previous year. The company's revenue rose 15% to Rs 3,576 crore.