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Nu Vista standalone net profit rises 116.16% in the March 2025 quarter
Nu Vista standalone net profit rises 116.16% in the March 2025 quarter

Business Standard

time3 days ago

  • Business
  • Business Standard

Nu Vista standalone net profit rises 116.16% in the March 2025 quarter

Sales decline 0.05% to Rs 1132.35 crore Net profit of Nu Vista rose 116.16% to Rs 59.27 crore in the quarter ended March 2025 as against Rs 27.42 crore during the previous quarter ended March 2024. Sales declined 0.05% to Rs 1132.35 crore in the quarter ended March 2025 as against Rs 1132.97 crore during the previous quarter ended March 2024. For the full year,net profit declined 51.81% to Rs 21.74 crore in the year ended March 2025 as against Rs 45.11 crore during the previous year ended March 2024. Sales declined 5.40% to Rs 3784.75 crore in the year ended March 2025 as against Rs 4000.82 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1132.351132.97 0 3784.754000.82 -5 OPM % 15.0012.69 - 9.7713.15 - PBDT 138.4389.51 55 232.23282.16 -18 PBT 92.0041.80 120 46.4372.45 -36 NP 59.2727.42 116 21.7445.11 -52

NuVista AI Appoints Bimal Tandel as CEO, Launches AIHouse Software to Accelerate AI Launches for Customers
NuVista AI Appoints Bimal Tandel as CEO, Launches AIHouse Software to Accelerate AI Launches for Customers

Business Wire

time22-05-2025

  • Business
  • Business Wire

NuVista AI Appoints Bimal Tandel as CEO, Launches AIHouse Software to Accelerate AI Launches for Customers

ATLANTA--(BUSINESS WIRE)--NuVista AI, a fast-growing software and services company helping startups and SMBs build and scale AI solutions, announces Bimal Tandel's appointment as CEO. is a recognized leader in Data and AI, with over two decades of experience spanning global enterprises and high-growth startups. He has held leadership roles at Amazon Web Services and Accenture, and contributed to the success of innovative startups including Cloudera, Relus Cloud, and Cloudreach. Bimal has a proven track record of helping enterprise clients modernize their data platforms and advising early-stage ventures on product delivery and AI strategy. The company also unveils AIHouse, a category-defining SaaS platform designed to simplify and accelerate AI-powered project delivery. AIHouse uses automation, prebuilt accelerators, and intelligent workflows to streamline every phase of the AI lifecycle—from data preparation and model development to deployment and monitoring. By embedding AI into the platform itself, AIHouse reduces complexity, shortens time-to-value, and enables teams to move from concept to production with greater speed, consistency, and confidence. NuVista AI's model aligns perfectly with the market's shift toward AI-powered services delivered through software, positioning the company for continued growth and innovation. By providing startups and SMBs with the tools and guidance to build products with AI at their core, NuVista makes advanced technology accessible to organizations that traditionally lacked the resources to implement it. In addition to AIHouse, NuVista AI offers two key programs to support this mission: the Innovation Lab for Startups and SMBs, a hands-on environment for experimenting with real-world AI and data architectures; and the Intelligence Everywhere Workshops, a fast-paced discovery program that helps teams turn AI ideas into working prototypes within weeks. About NuVista AI NuVista AI is a software and consulting firm that helps early-stage and growth-stage companies go from AI idea to execution faster. Through AIHouse, its proprietary SaaS platform, and a global team of domain experts, NuVista delivers scalable, practical AI adoption programs across industries like healthcare, e-commerce, logistics, and fintech. Learn more or book a discovery session at

Report on Voting from the 2025 Annual Shareholders Meeting
Report on Voting from the 2025 Annual Shareholders Meeting

Hamilton Spectator

time10-05-2025

  • Business
  • Hamilton Spectator

Report on Voting from the 2025 Annual Shareholders Meeting

CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) — (TSX - NVA) NuVista Energy Ltd. ('NuVista') announces that the following matters were approved at the annual meeting of the shareholders of NuVista held on May 9, 2025. Each of the matters is described in greater detail in the Notice of Annual Meeting of Shareholders and Information Circular dated March 24, 2025 (the 'Circular'). 1. Fixing the Number of Directors By resolution passed via ballot, the number of directors to be elected at the meeting was fixed at eight (8) members. The results of the ballot were as follows: 2. Election of Directors By resolution passed via ballot, the following eight nominees were appointed as directors of NuVista to serve until the next annual meeting of shareholders of NuVista, or until their successors are elected or appointed. The results of the ballot were as follows: 3. Appointment of Auditors By resolution passed via ballot, KPMG LLP, Chartered Professional Accountants, were appointed as auditors of NuVista to hold office until close of the next annual meeting or until their successors are duly appointed, and the directors were authorized to fix their remuneration. The results of the ballot were as follows: 4. Non-Binding Advisory Resolution on Executive Compensation By advisory resolution passed via ballot, NuVista's approach to executive compensation was approved. The results of the ballot were as follows: INVESTOR INFORMATION NuVista is an independent Canadian oil and natural gas exploration, development and production corporation with its Common Shares trading on the Toronto Stock Exchange under the symbol 'NVA'. NuVista is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Our primary focus is on the scalable and repeatable condensate-rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin. FOR FURTHER INFORMATION CONTACT:

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