Zuari Industries Ltd. reported a consolidated net loss of ₹207.00 crore for Q4, an improvement from ₹636.00 crore loss in the previous year. Revenue increased by 3.8% to ₹2,700.00 crore. However, EBITDA decreased significantly by 79.9% to ₹276.00 crore, with EBITDA margin falling to 10.14%. Despite challenges, the board recommended a dividend of ₹1.00 per equity share.
08Apr 25
Zuari Industries' Subsidiary Inks Rs 130 Crore Deal with Texmaco for Mixed-Use Project in West Bengal
Zuari Infraworld India Limited, a wholly-owned subsidiary of Zuari Industries Limited, has entered into a binding term sheet with Texmaco Rail & Engineering Limited for a mixed-use development project in West Bengal. The deal, valued at approximately Rs 130 crore, spans a 10-year period. Zuari Infra will act as the Development Manager, overseeing project design, approvals, construction, marketing, and sales. The project is located in Agarpara Mouza, Barrackpore - 2 Block, 24 Parganas (North), West Bengal. This transaction is classified as a related party deal due to connections between Zuari Industries, Texmaco, and shared leadership.
03Mar 25
Zuari Industries Expands Real Estate Portfolio with Premium Hyderabad Project
Zuari Industries Limited (ZIL) is expanding into Hyderabad's real estate sector. Its subsidiary, Zuari Infraworld, has partnered with Gangothri Group to develop premium residential properties. ZIL also announced 'Zuari Gangothri Tribhuja', a ₹1,500 crore project featuring nine high-rise towers with 3 and 4 BHK apartments. This strategic move marks ZIL's significant pivot towards premium real estate development, diversifying from its traditional industrial focus.