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Visaka Industries Reports Strong Q3, Net Profit Up 13%
Visaka Industries, a leading manufacturer of cement and building materials, has reported a strong third quarter (Q3) with a 13% year-on-year (YoY) growth in net profit.
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Visaka Industries to Invest Rs 2,500 Crore in New Cement Plant
Visaka Industries has announced plans to invest Rs 2,500 crore in a new cement plant in the state of Andhra Pradesh.
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Visaka Industries Receives Environmental Clearance for New Cement Plant
Visaka Industries has received environmental clearance for the construction of a new cement plant in the state of Odisha.
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Visaka Industries net profit falls 19% to Rs 166 cr in Q3
Visaka Industries' net profit declined by 19.3 per cent to Rs 165.8 crore for the third quarter ended December 2022, mainly due to lower sales volume and higher expenses.
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Visaka Industries to invest Rs 900 cr in Odisha
Visaka Industries plans to invest Rs 900 crore in Odisha to set up a greenfield project for manufacturing cement and power.
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Visaka Industries gets green nod for Odisha cement project
Visaka Industries has received environmental clearance for its proposed cement project in Odisha.
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Visaka Industries reports strong Q4 results; net profit surges 74%
Visaka Industries, a leading player in the cement industry, has reported strong financial results for the fourth quarter (Q4) of the financial year 2022-23. The company's net profit surged by 74% to Rs 243 crore, compared to Rs 140 crore in the same period last year.
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Visaka Industries to set up new cement plant in Telangana
Visaka Industries is planning to set up a new cement plant in Telangana, with an investment of Rs 1,200 crore. The plant will have a capacity of 2.5 million tonnes per annum (MTPA) and is expected to be commissioned by 2025.
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Visaka Industries gets nod for Rs 1,000 crore capex plan
Visaka Industries has received approval from its shareholders for a capital expenditure (capex) plan of Rs 1,000 crore. The funds will be used to expand the company's cement capacity and set up new plants.
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Visaka Industries Q3 net up 8.5% to Rs 189.43 crore
Visaka Industries Ltd has reported an 8.5 per cent increase in its net profit to Rs 189.43 crore for the quarter ended December 2022, as compared to Rs 174.52 crore in the corresponding quarter of the previous year.
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Visaka Industries to invest Rs 1,500 crore in Odisha
Visaka Industries Ltd is planning to invest Rs 1,500 crore in Odisha to set up a new cement plant and a captive power plant.
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Visaka Industries reports strong Q2 results
Visaka Industries Ltd has reported strong financial results for the second quarter ended September 2022, with its net profit rising by 22.5 per cent to Rs 173.96 crore, as compared to Rs 142.03 crore in the corresponding quarter of the previous year.
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Visaka Industries to invest Rs 500 cr in Telangana
Visaka Industries Ltd (VIL) announced plans to invest Rs 500 crore in Telangana for setting up a greenfield project.
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Visaka Industries reports 36% jump in Q3 net profit
Visaka Industries Ltd (VIL) on Wednesday reported a 35.8 per cent increase in its consolidated net profit to Rs 178.08 crore for the quarter ended December 31, 2022.
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Visaka Industries to acquire majority stake in Kalahasti Cotton Mills
Visaka Industries Ltd (VIL) on Monday said it will acquire a majority stake in Kalahasti Cotton Mills Ltd (KCML) for an undisclosed sum.
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Visaka Industries Q4 net profit declines 34%
Visaka Industries, a producer of cement and other building materials, reported a 34% decline in its net profit for the fourth quarter ended March 2023. The company's net profit fell to Rs 119.5 crore in Q4 FY23, compared to Rs 181.4 crore in Q4 FY22.
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Visaka Industries to invest Rs 1,500 crore in new cement plant
Visaka Industries plans to invest Rs 1,500 crore in a new cement plant in Andhra Pradesh. The new plant will have a capacity of 2.5 million tonnes per annum (MTPA) and is expected to be operational by 2025.
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Visaka Industries signs MoU with Andhra Pradesh government for new cement plant
Visaka Industries has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government for the establishment of a new cement plant in the state. The new plant will be located in Kurnool district and will have a capacity of 2.5 MTPA.
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Visaka Industries Q3FY23 net profit rises 10% to Rs 259 crore
The growth was driven by higher volumes and better realisations.
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Visaka Industries to invest Rs 2,500 crore in new projects
The investment will be used to set up new capacities in cement, power, and chemicals.
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Visaka Industries bags Rs 1,000 crore order from NTPC
The order is for the supply of fly ash for a thermal power plant.