The company proposes to set up a 3.1 Million Tonnes (9500 tpd) clinkerisation plant at Marwar Mundwa in Rajasthan.

The PAT for the quarter came in at Rs. 58.75 crore, yoy increase of 85.9 per cent. This was partly due to 41 per cent yoy increase in other income and one-time gain of Rs. 1.8 crore.

Thirumalai Chemical consolidated revenue for the fourth quarter of FY18 remained flat at Rs 330.71 crore.

The PAT for the quarter came in at Rs 5675 crore, an increase of 34.3 per cent YoY. This was due to one time gain of Rs 2,869 crore. 

The company's EBITDA for the quarter fell by 1.8 per cent yoy to Rs. 50.9 crore with a corresponding margin contraction of 182 bps. EBITDA margin for the quarter stood at 14.1 per cent.

During the quarter, the company’s net profit jumped to Rs. 102.8 crore from merely Rs. 17.2 crore in the corresponding quarter of last year.

Its EBITDA for the quarter fell by 74.4 per cent YoY to Rs 129.763 crore with a corresponding margin contraction of 824 bps. The EBITDA margin for the quarter stood at 2.2 per cent.

Larsen & Toubro’s E&A business offers a wide range of low and medium voltage switchgear, electrical systems, marine switchgear, industrial and building automation solutions, energy management systems and metering solutions. 

The board of directors have recommended a dividend of Rs. 1.2 per equity share of face value of Rs. 10 each.

The company’s management believes that this acquisition will help them in better management of transportation of goods through rail