Latest news with #PuneetAnand
Time of India
4 days ago
- Business
- Time of India
ICS 2025: Corporate Social Responsibility as a Force for National Progress
Corporate social responsibility in India is undergoing a profound transformation, as revealed during an insightful fireside chat at the India Communication Summit 2025. The session, "Purpose in Practice: Building Authentic Social Impact Narratives ," brought together industry leaders who are redefining how businesses create meaningful societal impact. The conversation featured Puneet Anand, AVP and Vertical Head of Corporate Affairs, Corporate Communication and Social at Hyundai Motor India , alongside Ravi Bhatnagar, Director of External Affairs and Partnerships at Reckitt – South Asia. The session was moderated by Anirban Roy Choudhury, Senior Associate Editor & Lead, Product, who guided the discussion through strategies that elevate CSR from obligation to opportunity. Throughout the dialogue, Anand emphasized how authentic community engagement contributes to national progress, noting that CSR initiatives can play a crucial role in building a more developed India. His perspective highlighted the potential for businesses to drive societal advancement through strategic social initiatives. Hyundai structures its community programs around three foundational pillars: earth, mobility, and hope. Their "Be the Better Guy" road safety campaign stands as a testament to long-term commitment. Launched in 2016, this initiative partners with state governments to address India's road safety challenges through awareness programs and technological solutions. Strategic collaboration emerged as a recurring theme when Bhatnagar stressed the importance of selecting the right partners and rapidly scaling successful programs. This collaborative approach has enabled both organizations to maximize their impact across diverse sectors and regions throughout India. The discussion revealed how innovation drives effective CSR, as illustrated by Hyundai's telemedicine program. With 55 centers established across 11 states, the initiative has dramatically improved healthcare accessibility while reducing costs for rural communities – demonstrating how corporate resources can solve critical infrastructure gaps. Reckitt's nutrition intervention program showcased similar strategic thinking. By focusing on the crucial first 1,000 days of motherhood and employing culturally resonant communication, they've successfully addressed malnutrition challenges in aspirational districts across the country. Community empowerment took center stage when Anand discussed "Art for Hope," an initiative providing rural artisans – including those with disabilities – platforms to showcase their talents globally. This program illustrates how CSR can preserve cultural heritage while creating economic opportunities for marginalized communities. Both leaders emphasized that meaningful social impact requires patience, authenticity, and measurable outcomes. Their experiences reveal a fundamental shift in corporate mindset – from viewing CSR as compliance to embracing it as a strategic opportunity for creating shared value. To conclude, the session presented practical insights into how corporations can become genuine catalysts for societal transformation, contributing meaningfully to national development while building deeper community connections that extend well beyond traditional business boundaries.
Hans India
07-05-2025
- Automotive
- Hans India
Hyundai Motor India Foundation Announces Second Edition of Samarth Championship for Blind Cricket 2025
Hyundai Motor India Foundation (HMIF) today announced the second edition of Samarth Championship for Blind Cricket - an International Bilateral Blind Men's Cricket Series under its corporate initiative - Samarth by Hyundai. The event is organized in partnership with Samarthanam Trust for the Disabled and Cricket Association for the Blind in India to raise awareness and enable people with disabilities in India. The International Bilateral cricket series exemplifies Hyundai's vision of building a more inclusive society. It not only offers a platform for international exposure but also marks a critical step in fostering physical and social development among visually impaired youth across India. Commenting on the second edition of Samarth Championship for Blind Cricket, Mr. Puneet Anand, AVP & Vertical Head - Corporate Affairs, Corporate Communication & Social, Hyundai Motor India Limited, said, 'At Hyundai Motor India, we are committed to the holistic growth of India and aspire to build a more empathetic society through our social initiatives. In India, the love for cricket knows no bounds. It is more than just a sport; it is an emotion. Samarth Championship for Blind Cricket is a part of our ongoing commitment to inclusivity and empowerment through sports. The second edition of Samarth Championship for Blind Cricket will give the athletes a platform to showcase their talent while encouraging many more with their unbreakable spirit. We truly believe mobility and opportunity should be for everyone, and are honored to be a part of this movement. We wish each player the best and look forward to witnessing their talent unfold, both on and off the field.' Speaking on the announcement, the Chairman of CABI and Founding Trustee for Samarthanam Trust for the Disabled, Dr. Mahantesh G Kivadasannavar said, 'There's a poetic resonance in the names - Samarth and Samarthanam, both rooted in the idea of strength and capability. This partnership goes beyond cricket; it's about building a world where ability triumphs over disability. With Hyundai's Samarth initiative joining hands with Samarthanam's long-standing vision, this championship emerges not just as a tournament, but as a global tribute to the spirit of inclusion, excellence, and possibility.' Commenting on the new season of bilateral cricket series, Captain of India Men's Blind Cricket Team, Mr. Durga Rao Tompaki said, 'Facing a world-class team like South Africa gives our players especially the newcomers, a rare chance to grow, compete, and prove their caliber. Backed by Hyundai, CABI, and Samarthanam, we're ready to make every match count.' In the first edition of Samarth Championship for Blind Cricket, the Indian Men's Blind Cricket team emerged as winners against Sri Lanka Men's Blind Cricket team. The second edition will feature the India Men's Blind Cricket Team facing the South Africa Men's Blind Cricket Team, scheduled to take place at Sai Krishnan Cricket Stadium, Muddenahalli, Bengaluru between May 12-17, 2025.
Yahoo
15-02-2025
- Business
- Yahoo
HEG Ltd (BOM:509631) Q3 2025 Earnings Call Highlights: Strong EBITDA Growth Amid Market Challenges
Revenue from Operations: INR 477 crores for Q3 FY25, compared to INR 562 crores in Q3 FY24. EBITDA: INR 194 crores for Q3 FY25, up from INR 110 crores in Q3 FY24. Net Profit After Tax (Standalone): INR 98 crores for Q3 FY25, compared to INR 37 crores in Q3 FY24. Net Profit After Tax (Consolidated): INR 83 crores for Q3 FY25, compared to INR 44 crores in Q3 FY24. Capacity Utilization: 80% at 100,000 tonnes, consistent with the previous year's 80% at 80,000 tonnes. Treasury Size: Nearly INR 1,000 crores as of December 31, 2024. Warning! GuruFocus has detected 2 Warning Sign with BOM:509631. Release Date: February 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. HEG Ltd (BOM:509631) achieved a high capacity utilization rate of 80% at its expanded plant capacity of 100,000 tonnes, maintaining efficiency despite market challenges. The company remains the lowest cost producer of graphite electrodes globally, even after expansion, which positions it well against competitors. HEG Ltd (BOM:509631) is debt-free with a substantial treasury size of nearly INR1,000 crores, providing financial stability and flexibility. The company recorded a significant increase in EBITDA to INR194 crores in Q3 FY25 from INR110 crores in the same quarter of the previous year, indicating improved operational performance. HEG Ltd (BOM:509631) is optimistic about medium to long-term industry prospects due to the global shift towards decarbonization and the rise of electric arc furnaces, which could boost demand for graphite electrodes. Global crude steel production declined by 0.8% in 2024, impacting graphite electrode demand, particularly outside China. Electrode pricing remains under pressure due to subdued demand, which, coupled with stable needle coke prices, has narrowed profit margins. The demerger process of the anode business has been delayed by about two months, affecting strategic timelines. HEG Ltd (BOM:509631) faces potential challenges from reciprocal duties discussed by the US, which could impact export margins. The company has not yet implemented a price increase despite competitors announcing hikes, which could affect competitive positioning if market conditions do not improve. Q: Given the global competitors' price hikes, will HEG Ltd also increase prices to remain competitive? A: Ravi Jhunjhunwala, Executive Chairman and CEO, explained that while competitors have announced price increases, HEG Ltd's EBITDA margins remain strong at 15%-17%. The company will monitor market acceptance of these hikes before making any decisions. Prices are generally similar across the industry, and any increase would depend on market conditions. Q: Can you provide insights into the demerger process and its potential value creation for shareholders? A: Puneet Anand, Chief Strategy Officer, stated that the demerger process was delayed due to a share split but is expected to be completed by the end of the year. The demerger aims to unlock shareholder value, with the new entity's fair value estimated at INR3,200 crores. Shareholders will receive a 1:1 share allocation in the new entity. Q: How will potential US reciprocal duties impact HEG Ltd's business? A: Ravi Jhunjhunwala noted that while no duties have been announced yet, HEG Ltd would absorb a 7.5% duty if imposed, given the US is a major market. The company remains competitive and would maintain its market share despite potential duties. Q: What is the outlook for HEG Ltd's revenue and EBITDA in FY26? A: Ravi Jhunjhunwala indicated that while specific numbers can't be predicted, the company expects demand to rise with new electric arc furnace capacities coming online. The company is optimistic about future demand but refrains from providing specific guidance for FY26. Q: How does HEG Ltd view the impact of Chinese graphite electrode exports on the market? A: Manish Gulati, Executive Director, clarified that Chinese electrodes are not a significant threat due to quality differences. While Chinese exports have contributed to price declines, they primarily cater to lower-grade markets and do not compete directly with HEG Ltd's ultra-high power electrodes. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
