Keerthi Industries' Annual Report 2024-25: A Turnaround Story with Expanded Cement Capacity and Diversification into Electronics

Keerthi Industries Ltd, originally Suvarna Cements, has released its Annual Report for the Financial Year 2024-25. The company, which was registered with BIFR in 1989, was turned around by the present management in 1999-2000. It was renamed Keerthi Industries in 2005, marking its vision for diversification. The cement division, located at Mellacheruvu, Suryapet district, Telangana, manufactures 43 & 53 grade OPC and PPC cement under the Suvarna brand. The plant capacity was expanded in two phases: from 300 TPD to 900 TPD in 2003, and from 900 TPD to 1600 TPD clinker and 1900 TPD cement grinding in September 2010. In 2010, Hyderabad Flextech Ltd, an Export Oriented Unit under the Electronic Hardware Technology Park Scheme, became part of the group through a strategic merger. The company's products are widely accepted by leading global medical device manufacturers as well as Indian defense sector companies.