Business Economy


AGI Greenpac’s Q4FY25 net profit up 50 pc to Rs 97 cr

Hyderabad, May 14 (UNI) AGI Greenpac Limited, a leading Glass Container Company, on Wednesday reported a 50 percent increase in its consolidated net profit to Rs 97 crore for the fourth quarter ending March 31, 2025 as against Rs 65 crore in corresponding period in the previous year.
The company continued its growth trajectory achieving Consolidated Revenue of Rs 705 crore during the quarter, a 13 percent increase compared to Rs 622 crore in Q4 FY24, the company said in a release.
However, for FY25 full year, the company’s consolidated net profit for the year stood at Rs 322 crore, up by 28 percent compared to Rs 251 crore in FY24 while consolidated revenue achieved Rs 2529 crore, registering year-over-year growth of five percent compared to Rs 2,418 crore in FY24.
AGI Greenpac Limited's success in FY25 resulted from its strategic focus and careful execution in several key areas.
With an investment of Rs 700 crore the Company proposed setting up of a state-of-the-art manufacturing plant in Madhya Pradesh with a daily capacity of 500 tonnes, projected to increase the company's production capacity by approximately 25 percent.
This strategic move aims to capitalize on the growing demand for glass packaging in the food, beverage and pharmaceutical sectors.
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Royal Enfied to acquire land parcel in AP for Rs 2,500 cr greenfield manufcuring facility

18 May 2026 | 5:47 PM

Chennai, May 18 (UNI) Royal Enfield, the global leader in the mid-size (250cc–750cc) motorcycle segment, will secure a land parcel
for setting up a new greenfield manufacturing facility at Tada near Tirupati in neighbouring Andhra Pradesh involving a Rs 2,500 crore investment for this expansi0n.
Subject to approval by the company’s board, the project will be implemented in a phased manner, calibrated to future demand and market conditions, a company statement here on Monday said.

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Hike in fuel prices to have no direct impact on India's fiscal situation: SBI Report

18 May 2026 | 4:50 PM

New Delhi, May 18(UNI) The SBI research report has said the recent hike in the petrol and diesel prices are going to have no direct impact on the fiscal situation.

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BOI hikes FD interest rates for 1–3 year deposits

18 May 2026 | 4:35 PM

New Delhi, May 18 (UNI) Bank of India (BOI), India’s leading public sector bank, has increased interest rates on medium and long-term fixed deposits of less than Rs 3 crore for tenures ranging from 1 to 3 years, effective from today, a BOI statement said here on Monday.

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Need for generating awareness and integration of schemes in handloom and handicraft sector: Report

18 May 2026 | 4:25 PM

Sourav Shekhar
New Delhi, May 18 (UNI) There is an apparent need for generating awareness and integration of various schemes in the handloom and handicraft (HH) sector, initiated by different ministries such as MSME, textiles, and culture, said a joint report of the Institute for Human Development (IHD) and Crafts Council of India (CCI) released here on Monday.

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Maruti Suzuki begins commercial production at 2nd plant in Haryana

18 May 2026 | 3:45 PM

Chennai, May 18 (UNI) Leading car makers Maruti Suzuki India Limited (‘Maruti Suzuki’) on Monday announced the commencement of commercial production at the second plant of its Kharkhoda manufacturing facility in Haryana.

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