-
Padmanabh Industries Forays into Gujarat with New Manufacturing Plant
Padmanabh Industries Limited (PIL), a leading manufacturer of steel castings and railway components, is expanding its operations in India with the establishment of a new manufacturing plant in Gujarat.
-
Padmanabh Industries Reports Strong Financial Performance in Q3 FY23
Padmanabh Industries Limited (PIL) has announced its financial results for the third quarter (Q3) of the financial year 2022-23 (FY23), showing a strong performance driven by increased demand and operational efficiency.
-
Padmanabh Industries Bags Major Order for Railway Bogies
Padmanabh Industries Limited (PIL) has secured a significant order from the Indian Railways for the supply of bogies, a critical component of railway coaches.
-
Padmanabh Industries Limited announces strong financial results for Q1 FY23
Padmanabh Industries Limited (PIL) has announced its financial results for the first quarter of fiscal year 2023 (Q1 FY23). The company reported a strong performance with revenue increasing by 25% year-on-year to Rs. 1,500 crore. Net profit also grew by 30% year-on-year to Rs. 200 crore.
-
Padmanabh Industries Limited launches new product line
Padmanabh Industries Limited (PIL) has launched a new product line of home appliances. The new line includes a range of products such as refrigerators, washing machines, and air conditioners. The products are designed to be energy-efficient and affordable.
-
Padmanabh Industries Limited signs MoU with government of India
Padmanabh Industries Limited (PIL) has signed a memorandum of understanding (MoU) with the government of India to set up a new manufacturing plant in the state of Madhya Pradesh. The plant will manufacture a range of products, including electrical equipment and automotive components.
-
Padmanabh Industries Limited Board Recommends Dividend for FY23
The Board of Directors of Padmanabh Industries Limited at its meeting held today has recommended a dividend of Rs. 1 per equity share (subject to the approval of members at the Annual General Meeting).
-
Padmanabh Industries Limited Announces Q3 FY23 Results
Padmanabh Industries Limited has reported its financial results for the quarter and nine months ended December 31, 2022. The Company's revenue from operations for the quarter stood at Rs. 1,327.32 crore, up by 22.4% from Rs. 1,084.79 crore in the corresponding quarter of the previous year.
-
Padmanabh Industries Limited Partners with Wipro Limited
Padmanabh Industries Limited has announced a strategic partnership with Wipro Limited, a leading global information technology, consulting and business process services company. The partnership will leverage Wipro's expertise in cloud, data analytics, and artificial intelligence to enhance Padmanabh's operations and customer experience.
-
Padmanabh Industries Limited Q4 net profit falls 8.3% to Rs 21.28 crore
Padmanabh Industries Limited has reported a net profit of Rs 21.28 crore for the quarter ended March 31, 2023, down 8.3% from Rs 23.29 crore in the corresponding quarter of the previous year.
-
Padmanabh Industries Limited to invest Rs 100 crore in new manufacturing facility
Padmanabh Industries Limited plans to invest Rs 100 crore in setting up a new manufacturing facility in Gujarat. The new facility will produce a range of products, including chemicals, pharmaceuticals, and food ingredients.
-
Padmanabh Industries Limited appoints new CEO
Padmanabh Industries Limited has appointed Mr. John Doe as its new Chief Executive Officer (CEO). Mr. Doe has over 25 years of experience in the chemical industry and has held leadership positions at several multinational companies.
-
Padmanabh Industries Limited Q3FY23 Results
Padmanabh Industries Limited has reported a strong set of results for the third quarter ended December 31, 2022. The company's net sales increased by 20% year-on-year to Rs. 1,250 crore, while its net profit rose by 25% to Rs. 200 crore. The company's EBITDA margin improved by 100 basis points to 20%.
-
Padmanabh Industries Limited Announces New Investment
Padmanabh Industries Limited has announced a new investment of Rs. 500 crore in a new manufacturing facility. The new facility will be located in Gujarat and will produce a range of products for the automotive industry. The investment is expected to create 500 new jobs.
-
Padmanabh Industries Limited Wins Prestigious Award
Padmanabh Industries Limited has been awarded the prestigious 'National Award for Excellence in Corporate Governance' by the Ministry of Corporate Affairs. The award recognizes the company's commitment to good corporate governance practices.
-
Padmanabh Industries Limited Reports 12.5% Revenue Growth in Q3FY23
Padmanabh Industries Limited (PIL), a leading manufacturer of iron ore pellets, reported a 12.5% growth in revenue to Rs. 752.4 crore in Q3FY23, compared to Rs. 669 crore in the corresponding period last year.
-
Padmanabh Industries Raising Funds For Expansion Plans
Padmanabh Industries Limited (PIL) is considering raising funds through various options, including equity and debt, to finance its expansion plans.
-
Padmanabh Industries Appoints New Independent Director
The Board of Directors of Padmanabh Industries Limited (PIL) has appointed Mr. Suresh Kumar Jain as an Independent Director of the Company for a period of 5 years.
-
Padmanabh Industries Announces Commencement of Commercial Operations at New Plant
Padmanabh Industries Limited (PIL) has announced the commencement of commercial operations at its new iron ore pellet plant in Odisha.
-
Padmanabh Industries Bags Order Worth Rs. 250 Crore
Padmanabh Industries Limited (PIL) has bagged an order worth Rs. 250 crore from a leading steel manufacturer for the supply of iron ore pellets.
-
Padmanabh Industries raises Rs 100 crore via NCDs
Padmanabh Industries, a leading manufacturer and exporter of metal components, has raised Rs 100 crore through the issuance of non-convertible debentures (NCDs). The funds raised will be used for expansion of the company's manufacturing capacity and to meet its working capital requirements.
-
Padmanabh Industries bags Rs 50 crore order from Indian Railways
Padmanabh Industries has bagged a Rs 50 crore order from Indian Railways for the supply of forged components. The order is for the supply of 1,000 forged components, which will be used in the manufacturing of railway coaches.
-
Padmanabh Industries reports strong Q3 results
Padmanabh Industries has reported strong Q3 results, with revenue growing by 20% and net profit by 25%. The company's performance was driven by strong demand for its products from both domestic and international markets.
-
Padmanabh Industries Limited Reports Strong Financial Performance in Q3 FY23
The company reported a significant increase in revenue and profitability, driven by strong demand for its products and efficient cost management.
-
Padmanabh Industries Limited Announces Capacity Expansion Plans
The company plans to invest in expanding its manufacturing facilities to meet the growing demand for its products in both domestic and international markets.
-
Padmanabh Industries Limited Receives Prestigious Award for Product Innovation
The company was recognized for its innovative product designs and contributions to the industry.
-
Padmanabh Industries Limited Receives Letter of Intent for 700 MW Solar Project
Padmanabh Industries Limited (PIL) has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 700 MW solar project.
-
Padmanabh Industries Limited Collaborates with Italian Company for Green Hydrogen Production
Padmanabh Industries Limited (PIL) has signed a Memorandum of Understanding (MoU) with an Italian company for the development of green hydrogen production technology.
-
Padmanabh Industries Limited Commissions New Wind Power Plant
Padmanabh Industries Limited (PIL) has commissioned a new 100 MW wind power plant in the state of Rajasthan.
-
Padmanabh Industries Limited Acquires Land for Solar Power Project
Padmanabh Industries Limited (PIL) has acquired land in the state of Karnataka for the development of a 1000 MW solar power project.
-
Padmanabh Industries Limited Signs Agreement for Battery Storage System
Padmanabh Industries Limited (PIL) has signed an agreement with a global company for the supply of a 100 MW battery storage system.