-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

Business Wire India - Multimedia: Digest for April 23, 2024

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

Puravankara Limited (BSE: 532891), one of India's most trusted and admired real estate developers, has bagged the Achievement Award for Creating Social Development and Impact at the 15th Edition of the Vishwakarma Awards, hosted by the Construction Industry Development Council (CIDC) – a joint initiative by the Niti Aayog and the Indian construction industry.
 
The award recognises Puravankara's exemplary efforts in driving positive change through its impactful campaigns, particularly its collaboration with the Biome Environmental Trust in rejuvenating heritage wells as part of the "Million Wells for Bengaluru" campaign. This initiative reflects Puravankara's commitment to environmental sustainability and community empowerment.
 
Commenting on the recognition, Ashish Puravankara, Managing Director, Puravankara Limited, said, "It is a humbling experience to be recognised with this eminent award - a testament to our unwavering commitment to social responsibility and environmental stewardship. We are honoured to be recognised for our efforts to make a meaningful difference in the lives of people and the communities we serve.
 
Puravankara is actively contributing to the 'Million Wells for Bengaluru' campaign – an initiative that aims to combat the stressed​ water table in the city. Through this, we want to demonstrate our commitment to the cause of water conservation and resuscitating the ancient tradition of well-digging among the Manu Vaddar community. The company's efforts are focused on rejuvenating open and heritage wells and promoting rainwater harvesting, which has significantly helped in recharging the shallow aquifers, thereby replenishing groundwater reservoirs."
 
Since 2021, more than a dozen heritage/recharge wells have been restored in Bengaluru and surrounding areas. These include one existing well rejuvenated at Rest House Park on Crescent Road, two in Lalbagh, and three new wells dug at ACF, Madiwala, Bengaluru.
 
In 2022-2023, six open heritage wells and a Kalyani were rejuvenated in Hunsamaranahalli TMC limits in Yelahanka Taluk, positively impacting thousands of nearby residents. A well opposite the aviation academy pumps 2 lakh litres daily and supplies water to Shaktinagar, Muneshwar Camp, and Sonnappanahalli municipal wards. 
 
Approximately 88,753 kilolitres of water has been drawn in the past one year from these wells, benefiting around 16,000 people. The cost per kilolitre is as low as Rs 1.5. Most wells have been adorned with captivating Warli art, adding a touch of artistry and enhancing their visual appeal. These wells have also become a central congregation point for the nearby communities, transforming them into vibrant cultural landmarks symbolising the harmony between tradition and progress. The use of a pulley system ensures that water is not wasted.
 
In addition, the campaign has also helped to install rainwater harvesting systems at the Sonappanahalli School in Bengaluru and the Vidyaprabodhini School in Goa, which can harvest up to 33 lakh litres of water annually.
 
The CIDC Vishwakarma Awards, held annually, celebrate excellence and innovation in the construction industry. They recognise organisations that demonstrate exemplary achievements in various aspects of development and impact.
Business Wire India

Bergner India, a leading innovator in kitchenware, proudly introduces BE - Bergner Essentials, the pinnacle of tri-ply cookware designed to revolutionise cooking experiences across India.
 
Unlike uncoated aluminium utensils, that are widely used in Indian households, this range ensures a safe cooking experience from the first cup of tea or coffee to the preparation of steaming hot lunches, frying evening delicacies and cooking the right food in the right cookware.
 
These cookware pieces, designed in traditional shapes, have undergone extensive research and testing to perfectly capture the authentic flavours of regional cuisines.
 
Crafted with meticulous attention to detail, BE - Bergner Essentials combines three layers of premium materials – 18/10 stainless steel, aluminium, and stainless steel – to ensure superior heat conductivity, even cooking at lower temperatures, and long-lasting durability.
 
"With the launch of our BE - Bergner Essentials range, we want to provide every Indian Household with a safer and healthier cooking experience that is often neglected. Unfortunately, the harmful un-coated aluminium cookware still dominates many Indian kitchens. However, at Bergner, we aim at educating our customers about a secure cooking experience first by providing the right cookware, for the right dish." said Mr Umesh Gupta, Director of Bergner India.
 
The products are now available for purchase through online channels (Amazon, Myntra, Tata Cliq, Jio Mart, Nykaa, and Bergner India website), and other general and modern trade stores across the country. 
Business Wire India

Beam Suntory partners with Chef Ana Roš - Chef and Owner of the Three-Michelin Starred Restaurant Hiša Franko in Slovenia to bring an extraordinary dining experience to Mumbai featuring the exceptional qualities of The Ardmore. In this unique partnership, Ana Roš elevated the culinary scene in Mumbai, celebrating the art of gastronomy and craftsmanship.
 
Chef Ana Roš has been recognized as the World's Best Female Chef in 2017 by The World's 50 Best Restaurants. Her culinary prowess, embellished with a Michelin Green Star and the Best Chef Pristine Award, is on display in India for the first time.
 
The recently concluded Mumbai event witnessed the exquisite pairing of Ana Roš's culinary creations with the premium offering of The Ardmore. Celebrating the Ardmore distillery's unique location on the fringes of the Highlands, The Ardmore offers a lightly peated liquid that is sweet and uplifting. It encapsulates the essence of the natural environment where the whisky is crafted with pristine local ingredients – water, barley and peat. On the nose, this light honey-colored whisky offers a heather honey with hints of cinnamon and toffee bonbon along with very subtle hints of peatsmoke. On the palate, it gives a creamy vanilla spice that gives way to more overt smoky charcoal notes, especially with the addition of water. Smoke doesn't dominate and is balanced by the sweet honey and spice flavours. Today, it is the only Highland distillery to consistently peat its barley which gives the whisky a rich and smoky flavour and unlike many other single malts, it is chill-filtered which means that it retains its original aroma.
 
Highlighting the collaboration, a spokesperson from Beam Suntory India said, "We are delighted to embark on this culinary experience with Chef Ana Roš, a true maestro in the world of gastronomy. At Beam Suntory, we believe in the art of craftsmanship, and Chef Roš's dedication to culinary excellence perfectly aligns with our commitment to crafting exceptional spirits. This collaboration represents a harmonious fusion of the finest in food and spirits, where Ana's culinary brilliance meets the unparalleled quality of Beam Suntory's portfolio, including The Ardmore. Together, we are poised to create an unforgettable experience, bringing forth the best of flavors, innovation, and craftsmanship for our discerning audience."
 
Neha Malik & Vaibhav Bahl, Co-founders, Conosh added, "Conosh is deeply honored to collaborate with Chef Ana Roš as she introduces the exquisite flavors of Slovenia to the Indian audience. As founders, we are very proud to witness this remarkable celebration of culinary excellence, which exemplifies our steadfast commitment to pushing the envelope for narrative gastronomy. Ana's debut dining experience in India will undoubtedly mark a significant milestone in the evolving gastronomic landscape of our country."
 
Speaking about catering to the Indian market, Chef Ana Roš, added, "I'm excited to team up with Beam Suntory and Conosh to blend Slovenian charm and my culinary creativity for my first pop-up in India at the country's landmark hospitality destination – The Taj Mahal Palace, Mumbai. We dived into Indian markets and culture to recreate Hiša Franko's magic – the only three Michelin-starred restaurant in Slovenia. Partnering with The Ardmore from the Beam Suntory portfolio added an extra layer of excitement, as it allowed us to curate a unique dining experience that brought together craftsmanship and elegance."
 
The event in Mumbai took place at Taj Mahal Palace, Mumbai, on the 23rd & 24th February, 2024 - inviting gastronomy enthusiasts, whisky connoisseurs, and food critics to experience the convergence of Ana Roš's culinary genius and The Ardmore's commitment to excellence.
 
Ana's debut dining experience in Delhi and Mumbai, particularly accentuated by the nuanced Suntory Whisky Toki™ and The Ardmore promises an unforgettable experience.
Business Wire India

Piccadily Agro Industries Limited (PAIL), today reported revenue for the year ended March 31, 2024, of INR 829 crores up 30% from a year ago.

The company has achieved revenue of INR 285 crores with an unprecedented revenue growth of 37% YoY in Q4 and an increase in profitability of 585% YoY to INR 43.50 crores in Q4, showcasing its resilience and strategic prowess in navigating challenging market conditions.

67% of the revenue was contributed by the company's distillery division, Piccadily Distilleries, makers of the award-winning single malt whisky Indri and Camikara rum.

Full Year Fiscal 2024 Financial Highlights
  • Revenue – INR 829 crores
  • Net Profit – INR 112 crores
  • Net Profit Margin – 13.53%, a growth of 249% from last fiscal year
  • EBITDA – INR 151 crores
  • EPS – INR 11.89, growth of 356% YoY

Fourth Quarter Fiscal 2024 Financial Highlights
  • Revenue – INR 285 crores
  • Net Profit – INR 43.50 crores
  • Net Profit Margin – 15.25%, growth of 400% YoY
  • EBITDA – INR 68 crores
  • EPS – INR 4.61, growth of 588% YoY

Key Highlights:
  • Indri Diwali Collector's Edition 2023 was adjudged as the 'Best Whisky In The World' at the Whiskies of the World Awards 2023, beating global and reputed brands.
  • Crossed a historic milestone achievement of selling over 1,00,000 cases (9lts per case) in FY 23-24 to become the 'fastest growing single malt whisky in the world.'
  • Captured 30% of the Indian single malt whisky market in India.
  • Becomes the largest exporter of Indian single malts from India with 35% share of total volumes.
  • Expanded domestic market presence to 21 states in India and to 21 markets overseas.
  • Expanded its presence at the global travel retail.
  • Introduced and opened CSD channel for Indri single malt whisky

Financial Outlook:
  • PAIL has set out an aggressive roadmap for a large expansion in the malt space in India and overseas.
  • The company envisions opening a distillery in Scotland.

Speaking on the results, Dharmendra Kumar Batra, Whole Time Director, Piccadily Agro Industries Limited, said "We're thrilled to announce a phenomenal quarter, capping off a year of exceptional performance. Surpassing 1,00,000 cases at record speed, we've earned the esteemed title of the world's fastest-growing single malt whisky. This achievement is a testament to the dedication and talent of our team. Looking forward, we're energized by our future initiatives aimed at sustaining profitable growth and creating strong value for our shareholders."
 
Stock Ticker: (PICCADIL | 530305 | INE546C01010)
https://www.bseindia.com/stock-share-price/piccadily-agro-industries-ltd/piccadily-agro-inds/530305/
You received this email because you set up a subscription at Feedrabbit. This email was sent to you at epaperindia10@gmail.com. Unsubscribe or change your subscription.

Related Posts

There is no other posts in this category.
Subscribe Our Newsletter