Latest news with #ArvindNanda
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Business Standard
22-05-2025
- Business
- Business Standard
Interarch Building Solutions Q4 results: Profit rises 30% to Rs 39 crore
Interarch Building Solutions has posted a 30 per cent increase in its net profit to Rs 38.68 crore for the fourth quarter of the last financial year on higher revenue. Its net profit stood at Rs 29.69 crore in the year-ago period. The total income of Interarch Building Solutions, which is in the Pre-Engineered Building (PEB) industry, rose to Rs 470.58 crore in the January-March period of 2024-25 from Rs 390.23 crore in the corresponding period of the preceding fiscal. During the full 2024-25 fiscal, the company's net profit increased to Rs 107.82 crore from Rs 86.26 crore a year ago, it said in a regulatory filing on Wednesday. Its total income grew to Rs 1,474.47 crore last fiscal, from Rs 1,306.31 crore in 2023-24. Commenting on the company's performance, Interarch Building Solutions Ltd Managing Director Arvind Nanda said the company has reported the highest-ever quarterly and annual financial performance, marked by robust volume growth and improved order execution. "The declaration of our maiden dividend of Rs 12.5 per equity share, subject to shareholders approval, underscores our robust financial health and consistent focus on rewarding shareholders," he said. Backed by a healthy order book and inquiry, Nanda said the company expects the growth momentum to continue in FY26. Interarch Building Solutions Ltd is one of the leading turnkey pre-engineered steel construction solution providers with integrated facilities for design and engineering, manufacturing, and on-site project management capabilities for the installation and erection of pre-engineered steel buildings.
Business Upturn
19-05-2025
- Business
- Business Upturn
Interarch expands manufacturing capacity with 20-acre acquisition in Andhra Pradesh
By Aman Shukla Published on May 19, 2025, 11:30 IST Interarch Building Solutions Limited, a leading provider of Pre-Engineered Building (PEB) solutions, has acquired 20 acres of industrial land adjacent to its existing manufacturing facility in Attivaram Village, Nellore District, Andhra Pradesh. The newly acquired land will be used to establish a dedicated facility for the production of Pre-Engineered Heavy Steel Structures. The upcoming facility is set to be twice the size of the existing adjacent plant and is designed to cater to the increasing demand from sectors such as infrastructure, data centers, semiconductor manufacturing, and renewable energy projects. This expansion is expected to enhance the company's overall production capacity and technical capabilities. This move is part of Interarch's broader growth strategy in Andhra Pradesh. It follows the commissioning of the company's AP Phase-1 manufacturing plant in September 2024. Construction of the Phase-2 plant is currently underway and remains on track for completion by the end of June 2025. Arvind Nanda, Managing Director, Interarch Building Solutions Limited, commented, 'This unit 2 expansion represents a major leap in our journey to scale up operations and serve the growing demand for high-performance pre-engineered structural steel solutions. With this new facility, we are strengthening our ability to deliver complex, large-scale projects across new age sectors like data centers, semiconductor manufacturing plants and renewable energy sector. This move underscores our long-term vision to be at the forefront of India's infrastructure growth and to generate meaningful impact through technology, innovation, and employment creation.' The expanded operations aim to support large-scale industrial and infrastructure projects across India, aligning with the evolving needs of various high-growth sectors. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
21-04-2025
- Business
- Business Standard
Interarch Building rises after securing PEB order worth over Rs 300-cr
Interarch Building Products gained 3.05% to Rs 1,784.60 after the company secured the largest-ever single pre-engineered building (PEB) order, valued at over Rs 300 crore, from one of India's most advanced tyre manufacturing facilities. The order is for setting up a plant for a major tyre manufacturing company based in Gujarat, marking a significant milestone for Interarch. The upcoming tyre facility is poised to be one of the largest and most technologically advanced in the country. Interarch has been entrusted with the end-to-end execution of the project, covering design, manufacturing, and on-site installation of the pre-engineered structures. The facility will span approximately 300,000 square meters (i.e., 3 million sq. ft.) under one roof. The plant is scheduled for completion within FY 202526 and is designed to optimize operational efficiency while meeting the latest sustainability standards. Arvind Nanda, Managing Director, Interarch Building Solutions, said, We are proud to have secured the largest-ever single PEB order, in the public domain, in the Indian PEB industry a significant milestone that reflects the trust our clients have in Interarchs engineering excellence, manufacturing, and execution capabilities. At Interarch, we have always believed in pushing the boundaries of innovation in steel construction. This project reinforces our leadership in the PEB segment and marks another step forward in supporting Indias manufacturing and infrastructure ambitions. Interarch Building Products is a leading provider of pre-engineered steel building solutions in India. The company possesses integrated capabilities encompassing design and engineering, manufacturing, and on-site project management for the installation and erection of pre-engineered steel structures. The companys standalone net profit surged 28.2% to Rs 28.20 in Q3 FY25 as against Rs 21.99 crore posted in Q3 FY24. Revenue from operations jumped 15% YoY to Rs 363.62 crore in the quarter ended 31 December 2024.
