Quarterly Result16 Nov 2024, 05:23 pm
Bigbloc Construction Reports Q2FY25 Revenue of Rs. 51.66 crore, Bonus Issue & Capacity Expansion
AI Summary
Bigbloc Construction Ltd, a leading AAC blocks manufacturer, reported revenue from operations of Rs. 51.66 crore for Q2FY25 ended September 2024. The company approved a bonus issue of equity shares in the ratio of 1:1 and final dividend of 20% for FY 2023-24. The promoters group increased their holding to 72.48%. BigBloc Building Elements Pvt Ltd, a subsidiary, doubled its manufacturing capacity to 5 lakh cubic meters per annum with a new solar plant. SIAM Cement Bigbloc Construction Technologies Pvt Ltd, a joint venture, launched India’s first AAC Wall Plant in Kheda, Gujarat.
Key Highlights
- Bigbloc Construction reported revenue of Rs. 51.66 crore for Q2FY25
- Company approved bonus issue of equity shares in the ratio of 1:1
- Promoters group increased their holding to 72.48%
- Subsidiary doubled its manufacturing capacity to 5 lakh cubic meters per annum
- Joint venture launched India’s first AAC Wall Plant in Kheda, Gujarat