Filter announcements
Loading...
AIA manufactures high-chrome grinding media, liners and diaphragms, collectively known as mill internals. These are used for crushing and grinding operations in the cement, power utility & aggregates and mining industries.
AIA Engineering's subsidiary, Welcast Steels, will permanently close its Bengaluru plant. Reasons: outdated technology, unviable operations. This unit contributed 84.50 Cr turnover & 39.72 Cr net worth to the listed entity. AIA anticipates no adverse impact, citing ample surplus capacity.
AIA Engineering announced its consolidated financial results for the quarter ended June 30, 2025. Revenue from operations rose to **Rs 1,038.95 Cr** (vs Rs 1,019.97 Cr last year), with profit after tax reaching **Rs 305.17 Cr** (vs Rs 259.41 Cr). Operationally, the company decided to discontinue manufacturing at its Nagpur...
AIA Engineering has decided to close its Nagpur manufacturing unit effective July 29, 2025. This strategic move aims to enhance productivity, optimize logistics, improve supply chain coordination, and reduce transit costs. Management assures investors the closure will have no adverse effect on the company's production, business operations, or overall profitability....
AIA Engineering has announced a reduction in the countervailing duty on certain grinding media exported from India to Brazil, effective immediately. The duty has been lowered from 6.5% to 2.9% following a sunset review by Brazilian trade authorities. This reduction may improve AIA’s competitiveness and margins in the Brazilian market.
AIA Engineering has approved the financial results for the quarter and year, reporting standalone revenue of ₹3,486 Cr and profit after tax of ₹1,021 Cr. Consolidated revenue was ₹4,287 Cr with profit after tax of ₹1,060 Cr. The board declared an 800% dividend (₹16/share) and appointed Mr. Udayan Dileep Choksi...