AKI India
9.71
-0.38(-3.77%)
Market Cap₹86.00 Cr
PE Ratio89.91
Company Performance:
1D-3.77%
1M-34.48%
6M-9.93%
1Y-56.96%
5Y-88.00%
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Latest news about AKI India
DGCA Takes Action Against Air India Over Safety Compliance Issues Jul 28, 2025
The Directorate General of Civil Aviation (DGCA) has launched enforcement proceedings against AKI India for operating an aircraft with overdue emergency slide inspections. The safety breach was discovered during a regulatory audit, leading to the immediate grounding of the affected aircraft. This action is part of broader regulatory scrutiny facing AKI India, including multiple show-cause notices related to crew rostering, fatigue management, and maintenance documentation. The airline has been given 14-15 days to respond to these notices. This increased oversight follows the recent AKI India Flight AI 171 crash that resulted in 260 fatalities, although not directly related to the emergency slide issue.
Air India Faces Pilot Shortage Amid Mental Health Concerns Following Fatal Crash Jul 28, 2025
Air India Releases Interim Compensation to 166 Families Affected by AI171 Crash Jul 26, 2025
Air India Reports ₹10,859 Crore Loss Despite Becoming Tata Group's Fourth-Largest Revenue Contributor Jul 24, 2025
DGCA Issues Four Showcause Notices to Air India for Multiple Safety and Crew Violations Jul 24, 2025
More news about AKI India
22Jul 25
AKI India Limited Reports 11.4% Revenue Growth in FY 2024-25
AKI India Limited, a leather and leather goods manufacturer, announced financial results for FY 2024-25. Consolidated revenue increased by 11.4% to Rs. 8,096.18 lakhs. Profit before tax rose 42% to Rs. 266.68 lakhs, while net profit grew 22.7% to Rs. 167.78 lakhs. Export earnings reached Rs. 3,780.95 lakhs. The company maintained a strong balance sheet with total assets of Rs. 11,436.63 lakhs. The board recommended new appointments for Statutory and Secretarial Auditors, subject to shareholder approval. The 31st Annual General Meeting is scheduled for August 13, 2025.
22Jul 25
AKI India Reports Strong Financial Performance Amid Leather Industry Challenges
AKI India Limited, a leading leather manufacturer and exporter, has reported robust financial results for FY 2024-25. The company's consolidated revenue increased by 14.17% to Rs. 8,096.18 lakhs, while profit before tax rose by 42.03% to Rs. 266.68 lakhs. Net profit after tax grew by 22.73% to Rs. 167.78 lakhs. Operational highlights include expanded production capacity and improved inventory management. The company appointed new statutory and secretarial auditors for a five-year term. AKI India plans to focus on sustainable leather production and market expansion in the future.
22Jul 25
AKI India Limited Reports 10.7% Revenue Growth in FY 2024-25
AKI India Limited, a leather and leather goods manufacturer, announced financial results for FY 2024-25. Consolidated revenue grew 10.7% to Rs. 8,096.18 lakhs, while net profit rose 22.7% to Rs. 167.78 lakhs. EPS improved to Rs. 0.19. Export revenue reached Rs. 3,780.95 lakhs. The company maintained a healthy balance sheet with total assets of Rs. 11,436.63 lakhs and shareholders' equity of Rs. 6,513.69 lakhs. The Board recommended new appointments for Statutory and Secretarial Auditors. The 31st AGM is scheduled for August 13, 2025, to be held virtually.
22Jul 25
Air India and Air India Express Complete DGCA-Mandated Fuel Switch Inspections
Air India and Air India Express have completed precautionary inspections on the Fuel Control Switches (FCS) locking mechanism across their Boeing 787 and 737 fleets. The inspections, mandated by the DGCA following a June 12 incident, were concluded with no issues detected. Air India proactively began checks on July 12, two days before the official directive. Other Indian carriers operating Boeing 737s, including Akasa Air and SpiceJet, were also required to conduct similar inspections.
21Jul 25
Air India Faces Safety Scrutiny Amid Fatal Crash and Regulatory Actions
AKI India, India's national carrier, is under intense regulatory scrutiny following a fatal Boeing 787-8 crash and multiple safety violations. The airline received nine show cause notices for five safety violations in six months. The DGCA ordered inspections of AKI India's Boeing 787-8/9 fleet, with minor issues detected in 8 out of 31 operational aircraft. The DGCA has increased enforcement actions across the aviation industry, with 254 actions taken this year through April. Civil Aviation Minister K Rammohan Naidu reported no adverse reliability trends for the crashed aircraft in the six months prior to the incident.
21Jul 25
Aviation Minister Defends Air India Crash Probe Amid Media Speculation
Union Civil Aviation Minister Ram Mohan Naidu discussed the ongoing investigation into the AKI India Dreamliner crash in Ahmedabad. The Aircraft Accident Investigation Bureau (AAIB) is conducting a transparent probe, with black box data decoded in India for the first time. Preliminary findings confirm both fuel control switches moved to 'CUTOFF' position after takeoff, causing loss of engine thrust. The crash of Flight 171 resulted in 241 fatalities on board and 19 on the ground. Minister Naidu urged against speculation until the final report is complete, responding to media reports including a Wall Street Journal article suggesting the captain may have turned off fuel switches.
19Jul 25
US NTSB Backs India's Air India Flight 171 Crash Investigation, Urges Caution on Media Speculation
The US National Transportation Safety Board (NTSB) supports India's Aircraft Accident Investigation Bureau (AAIB) in the Air India Flight 171 crash investigation, criticizing premature media speculation. AAIB's preliminary report reveals both engines of the Boeing 787-8 Dreamliner shut down shortly after takeoff from Ahmedabad on June 12. AKI India has established a ₹500.00 crore charitable trust for victims. Authorities urge patience as the investigation continues.
24Jun 25
Air India Halts Flights to North America's East Coast and Europe
AKI India, India's flag carrier airline, has announced an immediate suspension of all flights to the East Coast of North America and Europe for an undetermined period. The airline has not specified the reason for this sudden decision. This suspension is expected to cause significant disruptions for travelers and may have economic consequences for the airline. Competitors might use this opportunity to capture market share on these routes. AKI India has not provided information on the suspension's duration, alternative arrangements for affected passengers, or plans to resume services.
02Jun 25
Air India Reviews Turkish Technic Partnership Amid Geopolitical Tensions
Air India, led by CEO Campbell Wilson, is reviewing its maintenance agreement with Turkish Technic due to geopolitical tensions between India and Pakistan, and Turkey's stance on the issue. The airline is exploring alternative maintenance and refurbishment service providers, balancing operational needs with public sentiment. This decision could significantly impact Air India's operations and set a precedent for how Indian companies approach international partnerships in sensitive geopolitical situations.
AKI India
9.71
-0.38
(-3.77%)
1 Year Returns:-56.96%
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