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Interarch Building Solutions Ltd posted a strong performance in the latest quarter, with profit rising 56% year-on-year to INR 32.27 crore, compared with INR 20.67 crore last year. Total income also surged to INR 497.09 crore from INR 328.23 crore. Managing Director Arvind Nanda said the quarter marked a major milestone as the company commissioned Phase II of its Andhra Pradesh facility, its fourth fully integrated pre-engineered building (PEB) plant, taking total capacity to 2,00,000 MT. Groundbreaking for a new Gujarat facility further expands its reach. The company's solid growth and infrastructure investments underscore its leadership in India's pre-engineered steel construction sector.
Interarch Building Solutions Ltd reported a notable increase in profit during the past quarter, registering a 56.11% rise to INR 32.27 crore. The company had reported a profit of INR 20.67 crore during the corresponding period last year. Its total income also climbed to INR 497.09 crore, up from INR 328.23 crore recorded in the same quarter of the previous year. Advertisement
According to Managing Director Arvind Nanda, the quarter had been a transformational period for the company as it continued to strengthen its manufacturing footprint across India. He mentioned that the commissioning of Phase II at the company's Andhra Pradesh facility represented a key milestone, making it the fourth fully integrated pre-engineered building (PEB) plant and bringing the total installed capacity to 2,00,000 MT.
Nanda further shared that the groundbreaking of Interarch's Gujarat facility marked another significant step in its growth journey. The plant, located in a state recognised for its advanced infrastructure and strong presence of semiconductor, electric vehicle, and allied industry clusters, is expected to play a critical role in the company's next phase of capacity expansion and market penetration.
Interarch provides turnkey pre-engineered steel construction solutions, offering integrated services that include design and engineering, manufacturing, and on-site project management for the erection and installation of pre-engineered steel buildings.
Interarch Building Solutions' robust financial performance and strategic expansion highlight its growing presence in India's pre-engineered steel construction industry. The commissioning of new manufacturing facilities and ongoing investments in infrastructure indicate the company's long-term vision for scaling operations and meeting increased demand. With continued focus on innovation and capacity building, Interarch appears well-positioned to strengthen its market leadership in the coming quarters.
Source - PTI
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