Business – Page 256 – THE ECONOMIC INDIA

05 Jun

AVG Logistics Delivers Impressive 66% PBT Growth in Q4 FY25

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AVG Logistics Limited, (BSE – 543910, NSE – AVG), a leading multimodal logistics solutions provider, has announced its audited financial results for the Q4 & FY25. New Delhi [India], June 5: Comparative figures below for Q424 & FY24 excludes one-time income from sale of investment reported in Q4 FY24 of Rs. 21.25 Crore at PBT Level & 18.82 Crore at PAT Level. The below numbers are further excluding of other incomes reported on the face of the statement of P&L to represent the actual business performance. Consolidated Key Financial Highlights Consolidated Financial Highlights – Q4 FY25 Revenue: ₹ 147.71 Cr,…

05 Jun

From Scarcity to Sustainability: Gurmit Singh Arora Leads Plumbing Innovation in Water-Stressed Areas

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New Delhi [India], June 5: As climate change and urban growth put pressure on global water resources, the role of efficient plumbing becomes more important than ever. In water-stressed areas, good plumbing not only saves water but also supports public health and cleaner living conditions. The Indian Plumbing Association (IPA), under the leadership of Gurmit Singh Arora, is working to shift the view of plumbing in India — from a basic trade to a key pillar of smart and sustainable development. In this conversation, Gurmit Singh Arora, National President,Indian Plumbing Association shares how plumbing in India is being uplifted through…

05 Jun

Technology Startup ‘Resollect’ Secures Funding to Transform India’s Debt Recovery Landscape

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New Delhi [India], June 5: NPAs have been impacting the growth and profitability of India’s banking sector. With more than 80% of SARFAESI cases disputed by borrowers and recovery timelines running into several years, financial institutions have been stuck in an inefficient loop that technology startup ‘Resollect’ hopes to solve. Manually and branch-dependent processes not only breed inefficiencies in debt recovery but also leave banks vulnerable to huge regulatory risks due to compliance gaps. Over 40% of delayed cases could be processed just through the availability of automated workflows tracking actions and ensuring compliance, a bottleneck costing the industry millions…

04 Jun

Ganga Bath Fittings Limited IPO Opens on June 04, 2025

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Mumbai (Maharashtra) [India], June 3: Ganga Bath Fittings Limited (The Company, Ganga) is manufacturer of a wide range of bathroom accessories, proposes to open its Initial Public Offering on Wednesday, June 04, 2025, aiming to raise ₹ 32.65 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform. The issue size is 66,63,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 46 – ₹ 49 Per Share. Equity Share Allocation Qualified Institutional Buyer – Not more than 69,000 Equity Shares Non-Institutional Investors –Not less than 31,29,000 Equity Shares Retail Individual Investors – Not less than 31,29,000 Equity Shares Market Maker – 3,36,000 Equity Shares…

03 Jun

EMI vs Rent: Real Estate Leader Annuj Goel Shares Key Insights for Homebuyers

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Pune (Maharashtra) [India], June 3: As the owner of Goel Ganga Developments, I’m often asked one fundamental question by aspiring homeowners and young professionals alike: “Annuj, should I buy a home or continue renting?” It’s a valid concern and one I understand deeply, both as a developer who has delivered thousands of homes across Pune, and as an individual who has personally walked the journey of building assets and creating long-term financial value. There’s no single answer that fits everyone. But there is clarity once you understand how real estate can transform your financial future. Rent: Flexibility Over Ownership Renting is a…

03 Jun

Skin Deep Confidence: Edorica’s Minimalist Revolution in Skincare

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New Delhi [India], June 2: In an industry dominated by complex routines and overwhelming product claims, Edorica Luxury Skincare is offering a welcome alternative. The brand is on a mission to simplify skincare without compromising on performance, delivering visible results through a streamlined, five-product collection. Edorica’s minimalist lineup is powered by proven, skin-loving ingredients such as Hyaluronic Acid, Niacinamide, and 24K Gold- chosen for their ability to hydrate, brighten, and revitalize. Designed to address common concerns like dullness, pigmentation, and stretch marks, the products promise noticeable improvements within the first week of use. At its core, Edorica champions confidence and…

03 Jun

Qatar’s Arab Center for Artificial Intelligence partners with Universal Ai University for Advancement of AI

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Mumbai (Maharashtra) [India], June 3: Universal AI University, India’s first Artificial Intelligence (AI) University based out of Karjat near Mumbai; has been chosen by Qatar’s the Arab Center for Artificial Intelligence (ACAI) as a strategic partner to expand the footprints of Artificial Intelligence education across Qatar and the region. Universal AI University has become the first Indian University to receive an AI-partner status from any Institute within the Gulf region working in the field of Artificial Intelligence. Eng. Khalid Abdulrahim Al-Sayed, Chairman of the Board of the Arab Center for Artificial Intelligence, Qatar and Prof. Tarundeep Singh Anand, Chancellor of…

03 Jun

Avance Technologies Posts INR 5.30 Cr Profit in FY25, Revenue Up 19 Percent YoY to INR 173.96 Cr

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Mumbai (Maharashtra) [India], June 3: Avance Technologies Ltd (BSE: 512149), a leading player in the digital solutions space, has reported robust financial results for the fourth quarter and full financial year ended March 31, 2025 (FY25). The company delivered a notable increase in its annual profitability and topline growth, indicating continued momentum in its core business. Highlights: Mumbai-based tech company reports net profit of Rs. 5.30 crore in FY25 Revenue from operations for FY25 stands at Rs. 173.96 crore, a 18% Y-o-Y growth Q4FY25 Revenue at Rs. 48.31 crore; marginal net loss of Rs. 1.36 crore due to one-time tax…

02 Jun

Krishca Strapping Solutions Limited Reports Rs 150+ Crores in Total Revenue in FY25

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Chennai (Tamil Nadu) [India], June 2: Krishca Strapping Solutions Limited, one of the leading manufacturers of Strapping Tools and Seals, announced its Audited Financial Results for H2 FY25. Consolidated Key Financial Highlights H2 FY25: Total Revenue: ₹87.24 Crores EBITDA: ₹14.75 Crores Profit After Tax: ₹6.16 Crores Earnings Per Share (EPS): ₹4.34 FY25: Total Revenue: ₹151.08 Crores EBITDA: ₹24.29 Crores Profit After Tax: ₹11.60 Crores Earnings Per Share (EPS): ₹8.33 Packaging Contract Business Update (FY2024-25): Packaging Contract Order Book: As of 29th May, FY2025-26, Krishca has secured ₹50.79 crore in confirmed orders for FY26 and ₹120.89 crore for the next three…

02 Jun

Airavat and Fly Sirius unite Under New Brand: Transworld Jets

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Dubai [UAE], June 2: Airavat and Fly Sirius, renowned for their bespoke private jet charter services, proudly announce their rebranding to Transworld Jets. This strategic move marks a significant milestone, aligning the brands with their parent company, Transworld Group, a global leader in logistics, shipping, and integrated supply chain solutions. The rebranding is a key initiative in the company’s growth journey, aimed at enhancing brand coherence across international markets and reinforcing its commitment to delivering seamless, world-class aviation experiences. The new identity, Transworld Jets, emphasizes the company’s dedication to global excellence, bespoke services, and forward-thinking innovation in the larger aviation…