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Amrapali Industries Ltd Revises Sales Target Upwards by 25% to Rs 3,000 Crore for FY23
Amrapali Industries Ltd (AIL) has revised its sales target upwards by 25% to Rs 3,000 crore for the financial year 2023 (FY23). The company had earlier set a sales target of Rs 2,400 crore for FY23.
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Amrapali Industries Ltd Q3 Profit Rises 21% to Rs 107 Crore
Amrapali Industries Ltd has reported a 21% increase in its net profit to Rs 107 crore for the third quarter ended December 2022. The company had posted a net profit of Rs 88 crore in the corresponding quarter of the previous fiscal.
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Amrapali Industries Ltd Signs Joint Venture Agreement with JSW Steel Ltd
Amrapali Industries Ltd has signed a joint venture agreement with JSW Steel Ltd to set up a new steel plant in Odisha. The new plant will have a capacity of 3 million tonnes per annum (MTPA) and is expected to be operational by 2025.
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Amrapali Industries Ltd Bags Order Worth Rs 21.90 Crore
Amrapali Industries Ltd has secured an order worth Rs 21.90 crore from Himachal Pradesh Road and Infrastructure Development Corporation Ltd (HPRIDC). The order is for the supply of 1,200 MT (approx.) of TMT bars for the construction of a four-lane national highway project in Himachal Pradesh.
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Amrapali Industries Ltd Reports Consolidated Net Profit of Rs 3.38 Crore in Q3FY23
Amrapali Industries Ltd has declared its consolidated financial results for the third quarter ended December 31, 2022. The company reported a net profit of Rs 3.38 crore for Q3FY23, compared to Rs 3.35 crore in Q3FY22, registering a marginal increase.
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Amrapali Industries Ltd Appoints Mr. Atulya Mittal as Independent Director
Amrapali Industries Ltd has announced the appointment of Mr. Atulya Mittal as an Independent Director on the company's board, effective from January 25, 2023.
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Amrapali Group to deliver 53,000 flats by March
The beleaguered Amrapali Group has said it will deliver around 53,000 flats by March this year, including 21,000 units in the National Capital Region (NCR).
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Amrapali Group gets 90 days to submit revised plan for stalled projects
The Supreme Court on Tuesday granted 90 days to the Amrapali Group to submit a revised plan for the completion of its stalled housing projects.
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Amrapali Group firms to refund Rs 107 crore within 4 weeks: SC
The Supreme Court on Tuesday directed the Amrapali Group firms to refund Rs 107 crore to homebuyers within four weeks or face coercive action, saying the real estate group has no option but to comply with its orders.
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Amrapali case: SC directs CMD Anil Sharma, directors to surrender by March 15
The Supreme Court on Monday directed Amrapali Group CMD Anil Sharma and two directors to surrender by March 15 in connection with a contempt case related to non-compliance of its orders on refunding money to homebuyers.
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Amrapali case: SC asks forensic auditors to submit report on diverted funds by March 15
The Supreme Court on Monday asked the forensic auditors to submit a report on the diverted funds of the Amrapali Group by March 15.