December 21, 2014 1:25 PM ET

Construction Materials

Company Overview of Visaka Industries Limited

Company Overview

Visaka Industries Limited manufactures and sells corrugated cement fiber sheets primarily in India. It operates in two segments, Building Products and Textile Synthetic Yarn. The Building Products segment produces asbestos sheets and accessories used as roofing material; and non asbestos flat sheets and sandwich panels used in interiors. Its accessories include close fitting adjustable ridges, apron piece, north light ridges, barge boards, north light curve, serrated adjustable ridges, roof lights, and ridge finials. This segment’s non-asbestos fiber cement sheets, such as V-Boards and V-Panels are used for false ceiling, wall partitions, wall paneling, door panels, mezzanine flooring, and b...

Visaka Towers

1-8-303/69/3, S.P. Road

Secunderabad,  500003

India

Founded in 1981

4,119 Employees

Phone:

91 40 2781 3833

Fax:

91 40 2789 1833

Key Executives for Visaka Industries Limited

Managing Director
Age: 49
Total Annual Compensation: $2.4M
Compensation as of Fiscal Year 2014.

Visaka Industries Limited Key Developments

Visaka Industries Limited Reports Audited Earnings Results for the Second Quarter and Half Year Ended September 30, 2014

Visaka Industries Limited reported audited earnings results for the second quarter and half year ended September 30, 2014. For the quarter, the company reported net sales of INR 2,082.930 million compared to INR 1,762.219 million a year ago. Profit from operations before other income finance costs and exceptional items were INR 92.653 million compared to INR 7.046 million a year ago. Profit from ordinary activities before tax was INR 59.051 million compared to loss from ordinary activities before tax of INR 23.062 million a year ago. Profit from ordinary activities after tax was INR 59.051 million compared to loss from ordinary activities after tax of INR 15.636 million a year ago. Profit for the period was INR 36.939 million compared to profit for the period of INR 15.636 million a year ago. Basic and diluted earnings per share were INR 2.33 compared to basic and diluted loss per share of INR 0.98 a year ago. For the half year, the company reported net sales of INR 5,187.779 million compared to INR 4,589.731 million a year ago. Profit from operations before other income finance costs and exceptional items were INR 298.271 million compared to INR 252.697 million a year ago. Profit from ordinary activities before tax was INR 223.914 million compared to INR 185.602 million a year ago. Profit from ordinary activities after tax was INR 148.977 million compared to INR 121.554 million a year ago. Profit for the period was INR 158.810 million compared to INR 121.554 million a year ago. Basic and diluted profit per share was INR 9.38 compared to INR 7.65 a year ago.

Visaka Industries Limited to Report Q2, 2015 Results on Nov 03, 2014

Visaka Industries Limited announced that they will report Q2, 2015 results on Nov 03, 2014

Visaka Industries Limited, Board Meeting, Nov 03, 2014

Visaka Industries Limited, Board Meeting, Nov 03, 2014. Agenda: To consider and approve the audited financial results of the company for the quarter and half year ended on September 30, 2014.

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