ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Uni Abex Declares 350 Per Cent Dividend, Approves Capex Plan
ECONOMY & POLICY

Uni Abex Declares 350 Per Cent Dividend, Approves Capex Plan

financial year 2024â€�25, highlighting robust growth and operational efficiency. The company declared a record 350 per cent annual dividend and approved a Rs 850 million capital expenditure plan to expand capacity. 
In the fourth quarter of FY25, Uni Abex reported a net profit of Rs 126.4 million, a rise of 267.44 per cent from Rs 34.4 million in the corresponding quarter last year. Revenue from operations increased by 79.83 per cent to Rs 604.4 million, compared to Rs 336.1 million in Q4 FY24. 
The Board has approved a Rs 850 million capacity-building initiative to enhance manufacturing and meet growing demand in sectors such as petrochemicals, refineries, fertilisers, and fuel infrastructure. The project is slated for completion in the second half of FY 2026â€�27 and will be funded through internal accruals and bank finance. 
The investment aligns with the Make in India initiative and reflects Uni Abex’s focus on long-term scalability, operational excellence, and global competitiveness. 
Source: 
Business Standard

financial year 2024â€�25, highlighting robust growth and operational efficiency. The company declared a record 350 per cent annual dividend and approved a Rs 850 million capital expenditure plan to expand capacity. In the fourth quarter of FY25, Uni Abex reported a net profit of Rs 126.4 million, a rise of 267.44 per cent from Rs 34.4 million in the corresponding quarter last year. Revenue from operations increased by 79.83 per cent to Rs 604.4 million, compared to Rs 336.1 million in Q4 FY24. The Board has approved a Rs 850 million capacity-building initiative to enhance manufacturing and meet growing demand in sectors such as petrochemicals, refineries, fertilisers, and fuel infrastructure. The project is slated for completion in the second half of FY 2026â€�27 and will be funded through internal accruals and bank finance. The investment aligns with the Make in India initiative and reflects Uni Abex’s focus on long-term scalability, operational excellence, and global competitiveness. Source: Business Standard

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement