Latest news with #AGM
Hans India
2 hours ago
- Business
- Hans India
Adani Group brand value zooms 82% to $6.46bn
The Adani Group has emerged as the fastest-growing Indian brand this year, with its brand value up by 82 per cent, according to a new report. The Group's growth is attributed to aggressive and integrated infrastructure focus, surge in green energy ambitions, and increased brand equity across key stakeholders, said the 'Most Valuable Indian Brands 2025' report by London-based Brand Finance. The value of the Adani brand surged from $3.55 billion in 2024 to $6.46 billion, marking a substantial gain of $2.91 billion -- a testament to the Group's strategic clarity, resilience and commitment to sustainable growth. The increase in value this year is greater than the entire brand valuation reported in 2023, helping the Adani Group climb to rank 13 from 16 last year, according to the report. The company has seen record-breaking revenue, unprecedented growth and historic profitability. Addressing the 33rdAnnual General Meeting (AGM) of Adani Enterprises Ltd (AEL) this week, Gautam Adani, the Chairman of the Adani Group, said: 'In FY25, our numbers were strong. Across all our sectors, we did more than just scale. We created impact, inspired change, and most importantly, deepened our national commitment'. In terms of consolidated numbers, at the Group level, revenues grew by 7 per cent, EBITDA by 8.2 per cent, and Net Debt-to-EBITDA ratio remained healthy at 2.6x. Total revenues were Rs 2,71,664 crore, and adjusted EBITDA was Rs89,806 crore. 'Our capital investment across businesses is set to break all records. We anticipate an annual capex spend of $15-20 billion for the next five years. These are not just investments in our Group, but investments in the possibilities for doing our part to build India's infrastructure,' said Gautam Adani. Adani Power crossed 100 billion units of generation -- a scale never before matched by any private sector company. It is now well on track to reach 31 GW capacity by 2030. Meanwhile, showcasing a resilient economy amid robust policies, the collective brand value of the top-100 Indian companies reached $236.5 billion in 2025 to date. The Brand Finance ranking report results remained stable, reflecting a year of steady gains for major Indian brands across sectors.
Yahoo
15 hours ago
- Business
- Yahoo
THG sees return to revenue growth in Q2 2025
British e-commerce retailer THG has observed a return to group revenue growth in the second quarter of 2025, with a notable improvement in sales within its beauty and nutrition segments. The announcement was made in an update on the company's financial performance before its upcoming Annual General Meeting (AGM). The group stated that this positive trend, particularly marked by robust revenue generation in June, allows it to maintain its financial projections for the fiscal year 2025 consistent with previous forecasts. In the beauty segment, revenue decline is expected to be between 2% and 3%, a significant recovery from the 9.8% drop in the first quarter (Q1). Within that segment, retail operations, which form the bulk of the business, demonstrated robust performance. Notably, the UK market, which is their largest territory, saw its highest growth rate since the first quarter of 2024. The company's strategic move to exit less profitable markets in Asia and Europe will complete its annual cycle in the third quarter, effectively eliminating any negative impact on year-on-year revenue comparisons from that point forward. Revenue from THG's own beauty brands did not meet expectations for the quarter due to the timing of significant customer orders. However, the company expects to reverse this in the second half. THG nutrition has continued to show positive momentum, with new customer growth leading to solid online performance. Q2 2025 is expected to see revenue growth of between 5% and 7%, marking the fastest growth rate since Q1 2022. THG stated: 'Whilst our direct exposure to tariffs is expected to be less than £1m pre mitigating actions, we continue to monitor the changes to US trade policy and reciprocal actions for an adverse impact on raw material supply chains and US consumer sentiment.' In early June 2025, THG Fulfil partnered robotics provider Libiao to install 430 T-sorting robots into its Manchester warehouse facility. "THG sees return to revenue growth in Q2 2025" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
21 hours ago
- Business
- Time of India
HAL announces Rs 15 final dividend for FY25. Check record date and other details
State-run aerospace and defence major Hindustan Aeronautics Ltd (HAL) has recommended a final dividend of Rs 15 per equity share for the financial year 2024-25. This represents 300% on the face value of Rs 5 per share, subject to shareholder approval at the upcoming Annual General Meeting (AGM). If approved at the AGM, the dividend will be paid to eligible shareholders within 30 days of approval. The company has also announced that the record date for determining eligibility for the final dividend is Thursday, August 21, 2025. This move comes on the back of another strong financial year for HAL, underlining its consistent performance and robust cash flows. The company has a track record of generous dividend payouts, supported by a healthy order book and rising demand for indigenous defence platforms. HAL is India's premier aerospace and defence company. It operates under the administrative control of the Ministry of Defence and plays a crucial role in the design, development, manufacture, repair, and overhaul of aircraft, helicopters, engines, and related systems. The company is a key supplier to the Indian Armed Forces and has been at the forefront of India's defence indigenisation efforts. Its flagship platforms include the Tejas Light Combat Aircraft (LCA), Dhruv Advanced Light Helicopter (ALH), Rudra, and Light Combat Helicopter (LCH), among others. HAL is also responsible for the production and servicing of legacy aircraft such as the Sukhoi Su-30MKI, Jaguar, and Mirage 2000. As of FY25, HAL boasts a robust order book exceeding Rs 1.2 lakh crore, which includes long-term projects such as the Tejas Mk-2, HTT-40 trainer aircraft, and advanced helicopters. The company is expanding its capabilities in UAVs, space systems, and engines, aligning with India's push for defence self-reliance under the Atmanirbhar Bharat initiative. HAL is among the top government-owned firms in terms of market capitalisation and dividend yield, making it a favourite among long-term investors and dividend-focused portfolios.
Economic Times
a day ago
- Business
- Economic Times
HAL announces Rs 15 final dividend for FY25. Check record date and other details
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel State-run aerospace and defence major Hindustan Aeronautics Ltd (HAL) has recommended a final dividend of Rs 15 per equity share for the financial year 2024-25. This represents 300% on the face value of Rs 5 per share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).If approved at the AGM, the dividend will be paid to eligible shareholders within 30 days of approval. The company has also announced that the record date for determining eligibility for the final dividend is Thursday, August 21, move comes on the back of another strong financial year for HAL, underlining its consistent performance and robust cash flows. The company has a track record of generous dividend payouts, supported by a healthy order book and rising demand for indigenous defence is India's premier aerospace and defence company. It operates under the administrative control of the Ministry of Defence and plays a crucial role in the design, development, manufacture, repair, and overhaul of aircraft, helicopters, engines, and related company is a key supplier to the Indian Armed Forces and has been at the forefront of India's defence indigenisation flagship platforms include the Tejas Light Combat Aircraft (LCA), Dhruv Advanced Light Helicopter (ALH), Rudra, and Light Combat Helicopter (LCH), among others. HAL is also responsible for the production and servicing of legacy aircraft such as the Sukhoi Su-30MKI, Jaguar, and Mirage of FY25, HAL boasts a robust order book exceeding Rs 1.2 lakh crore, which includes long-term projects such as the Tejas Mk-2, HTT-40 trainer aircraft, and advanced company is expanding its capabilities in UAVs, space systems, and engines, aligning with India's push for defence self-reliance under the Atmanirbhar Bharat is among the top government-owned firms in terms of market capitalisation and dividend yield, making it a favourite among long-term investors and dividend-focused portfolios.
Yahoo
a day ago
- Business
- Yahoo
H World Group Limited Announces Voting Results of 2025 Annual General Meeting
SINGAPORE and SHANGHAI, June 27, 2025 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) ('H World' or the 'Company'), a key player in the global hotel industry, today announced that the 2025 annual general meeting of the Company (the 'AGM') was held on June 27, 2025. During the AGM, the following proposed resolutions were duly passed: the ordinary resolution as set out in the notice of the AGM dated May 8, 2025 (the 'Notice of AGM') regarding the ratification of appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as auditor of the Company for 2025 and the authorization for the directors of the Company to determine the remuneration of the auditor; the ordinary resolution as set out in the Notice of AGM regarding re-election of Ms. Jie Zheng (appointed by the board of directors of the Company on July 2, 2024) as an executive director of the Company; and the ordinary resolution as set out in the Notice of AGM regarding the authorization of each director or officer of the Company or Conyers Trust Company (Cayman) Limited to take any and every action that might be necessary, appropriate or desirable to effect the foregoing resolutions as such director, officer or Conyers Trust Company (Cayman) Limited, in his, her or its absolute discretion, thinks fit and to attend to any necessary registration and/or filing for and on behalf of the Company. About H World Group Limited Originated in China, H World Group Limited is a key player in the global hotel industry. As of March 31, 2025, H World operated 11,685 hotels with 1,142,158 hotel rooms in operation in 19 countries. H World's brands include HanTing Hotel, JI Hotel, Orange Hotel, Crystal Orange Hotel, IntercityHotel, Hi Inn, Ni Hao Hotel, Elan Hotel, Zleep Hotels, Starway Hotel, CitiGo, Manxin Hotel, Madison Hotel, MAXX, Blossom House, Joya Hotel, Steigenberger Hotels & Resorts, Jaz in the City, Steigenberger Icon and Song Hotels. In addition, H World also has the rights as master franchisee for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel, in the pan-China region. H World's business includes leased and owned, manachised and franchised models. Under the lease and ownership model, H World directly operates hotels typically located on leased or owned properties. Under the manachise model, H World manages manachised hotels through the on-site hotel managers that H World appoints, and H World collects fees from franchisees. Under the franchise model, H World provides training, reservations and support services to the franchised hotels, and collects fees from franchisees but does not appoint on-site hotel managers. H World applies a consistent standard and platform across all of its hotels. As of March 31, 2025, H World operates 8 percent of its hotel rooms under the lease and ownership model, and 92 percent under the manachise and franchise model. For more information, please visit H World's website: Contact InformationInvestor RelationsTel: +86 (21) 6195 9561Email: ir@
