TAS Students Explore Fun-Learning with Live Animated Characters

animated adventure 4

The activity was aimed at fostering creativity, boosting imagination, and motivating fun learning

The students of The Academy School (TAS), Pune, participated in a special event conducted to celebrate and understand art through the world of cartoons and animations. The ‘Animated Adventure’ activity was organised to boost students’ imagination, foster creativity, and motivate fun learning.

Students were excited to dress up as their favourite animated characters’ T-shirts, adding a colourful and playful vibe to the activity. Additionally, students witnessed a live skit inspired by the famous cartoon series Tom and Jerry and other cartoons. Students came dressed as their favourite cartoon characters and brought their roles to life by performing scenes from popular stories. They were engrossed in the performances, which opened up a new world of possibilities through art and entertainment.

Dr. Maithili Tambe, CEO of The Academy School (TAS), who spearheaded the initiative, said students learn best when they have fun. While learning never stops, students should not feel pressured to attain knowledge. Education can also be imparted in a fun manner. What better way to teach them art and animation than their favourite cartoons, which they can relate to and connect with?”

The activity also saw students display their creativity by painting and drawing their favourite animated characters, thereby allowing them to express themselves and polish their preferences through art.

Rohit Agarwal Co-Founder, Urban Space

I am reaching out to introduce Urban Space, a home furnishing brand revolutionising the decor industry with high-quality, and innovative designs. As the Union Budget 2025 approaches, we would like to share a quote from Rohit Agarwal, Co-Founder of Urban Space, for Republic Day story:

This Republic Day, let us celebrate the warmth and comfort that make a house truly a home. Just as India is built on the foundations of diversity and unity, our homes are a reflection of who we are—deeply rooted in tradition yet embracing modernity.

As we envision a self-reliant India, it’s time to champion homegrown brands that bring our culture to life through thoughtful design and innovation. By supporting local craftsmanship and creativity, we not only build beautiful homes but also strengthen the foundation of our nation’s growth.

Goa’s Chief Minister Dr. Pramod Sawant Drives Innovation and Entrepreneurship with New Programs

Panjim, 28th January, 2025: Under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi, whose Start-Up India vision has inspired countless entrepreneurial journeys across the nation, and with the steadfast commitment of Chief Minister Dr. Pramod Sawant to foster innovation and self-reliance in Goa, the state continues to champion entrepreneurship.

With the support of the Government of Goa, the Entrepreneurship Development Institute of India (EDII), Goa Centre, is organizing a transformative three-day Entrepreneurship Development Program from 28th – 30th January 2025, at Nalanda Hall, EDC House, Panaji. This initiative is a part of Economic Development Corporation (EDC) Corporate Social Responsibility (CSR) activities, designed to nurture entrepreneurial talent and accelerate economic growth across the state. This initiative, aligned with the Chief Minister’s Rojgar Yojana (CMRY) and the Goa Tribal Employment Generation Program (GTEGP), is subsidized under EDC Goa’s CSR initiative to promote entrepreneurship across the state.

The comprehensive program is designed to equip entrepreneurs with the essential knowledge and skills to succeed in today’s competitive business landscape. The curriculum covers a range of critical topics, including the essence of entrepreneurship, where participants will learn about the characteristics of successful entrepreneurs, identifying business opportunities, and crafting a robust business plan. Additionally, the program will delve into marketing strategies, including branding, social media marketing, e-commerce, customer relationship management, sales strategies, and business pitching. Furthermore, participants will gain insights into financial and legal management, covering the fundamentals of financial management, business accounting, legal structures, operational efficiency, scaling, and diversification, providing a holistic understanding of what it takes to build and sustain a thriving business.

The subsidization of program fees under the EDC Goa CSR initiative ensures that the workshop is accessible to a wide range of participants, fostering inclusivity and economic empowerment. This initiative seeks to further bolster innovation, create job opportunities, and drive Goa’s journey toward becoming a hub for startups and self-reliant businesses.

IBIS Styles Mysuru Bolsters Leadership Team to Boost Guest Experience

Mysuru, 28.01. 2025– Ibis Styles Mysuru,is proud to announce the appointment of three key leaders to its management team. These seasoned professionals bring extensive expertise and a unified vision to enhance guest experiences and optimize operational efficiency.

The new appointments include Suresh Kumar as Food and Beverage Manager, Nadeem Z. Desai and Shiva Prasad as Front Office Manager and Housekeeping Manager respectively. Together, they bring a collective vision and diverse skill sets to enhance the hotel’s reputation for excellence.

Suresh Kumar, Food and Beverage Manager

Suresh Kumar brings over two decades of expertise in food and beverage operations, having served in pivotal roles such as complex hotel Banquet Manager for Novotel & ibis Bengaluru Outer Ring Road and Restaurant Manager at Taj Hotels. His accomplishments include menu engineering, cost control, and business planning, all aimed at delivering world-class dining experiences. An awardee of the IHC London and IIHM International Hospitality Day Award 2023, Suresh’s dedication to employee development and service excellence aligns perfectly with the hotel’s ethos.

Nadeem Z. Desai, Front Office Manager

A seasoned professional with over a decade of experience, Nadeem Z. Desai has a proven track record with hotels such as ibis Bengaluru Hebbal, Grand Mercure Mysore, and Taj West End. With expertise in pre-opening planning, staff training, and guest service protocols, Nadeem is a graduate of the Global Leadership Program by Accor Academy. His strategic approach to technology integration and budget management will play a vital role in enhancing operational efficiencies and guest experience.

Shiva Prasad, Housekeeping Manager

With an illustrious career spanning renowned hotels such as Novotel Mumbai International Airport, Grand Hyatt Kochi, and Novotel Hyderabad Airport, Shiva Prasad is known for his exceptional leadership in pre-opening operations and upholding impeccable cleanliness and hygiene standards. A recipient of the prestigious Accor Emerging Leaders Program 2020 and the Best Pre-Opening Employee Award at Novotel Mumbai, Shiva is committed to fostering teamwork, ensuring operational excellence, and driving guest satisfaction.

Speaking on the new appointments, Ganeshram Iyer, the Hotel Manager of ibis Styles Mysuru said, “We are thrilled to welcome Shiva, Suresh, and Nadeem to the leadership team. Their vast experience, innovative approaches, and passion for excellence will undoubtedly strengthen our commitment to providing unforgettable guest experiences and operational brilliance.”

ibis Styles Mysuru continues to set new benchmarks in the hospitality industry, and the addition of these dynamic leaders underscores its dedication to delivering personalized services and memorable stays.

C-DAC Kolkata’s New Program Helps Engineering Students Master 3D Printing & Additive Manufacturing in Bengal & Bihar

Kolkata, 28th January 2025: The Centre for Development of Advanced Computing (C-DAC), Kolkata, announced the launch of the “Finishing School Program on 3D Printing & Additive Manufacturing Technology” on Monday, 27th January 2025 at The Sonnet, Kolkata. The program is designed to empower engineering students from West Bengal and Bihar with advanced skills in additive manufacturing, fostering entrepreneurship and employment generation. It marks a significant step towards bridging the gap between academic knowledge and industry requirements while creating sustainable employment and entrepreneurship opportunities for the youth of West Bengal and Bihar.

The event was graced by prominent dignitaries, including Smt. Tulika Pandey, Scientist ‘G’ and Group Coordinator, HRD, Ministry of Electronics and Information Technology, Government of India; Prof. Tapas Chakraborty, Vice-Chancellor, MAKAUT, Government of West Bengal; Prof. P. M. Pandey, IHFC Chair and Professor at IIT Delhi; Prof. Amitava Nag, Department of Computer Science and Engineering, Central Institute of Technology, Assam; Shri Sanjeet Kumar, Industry Expert and DGM at SANDHAR; Dr. Ch A S Murty, Scientist ‘G’, CISO & Director, C-DAC Kolkata; and Shri Asit Kumar Singh, Chief Investigator of the Project, C-DAC Kolkata.

The program aims to train 16,000 engineering graduates and final-year students through full-time courses with an additional 4,000 students participating in boot camp programs. It also focuses on establishing eight advanced laboratories to support start-ups, SMEs and large industries while delivering comprehensive product prototypes with technical documentation, material specifications and cost analysis.

With India’s 3D printing market projected for a staggering growth, this initiative addresses the increasing demand for skilled professionals in sectors such as construction, automotive and healthcare. By integrating technical skill development with entrepreneurship opportunities, the program aims to prepare students for the shift towards mass customization and faster production cycles demanded by modern industries.

The program also emphasises the creation of multimedia-based educational resources, a design repository on 3D printing and additive manufacturing and a centralised project monitoring web portal to ensure seamless implementation. Workshops with industry stakeholders, NABARD, industrial banks, placement cells and corporate entities will further enhance job placement and entrepreneurial support.

C-DAC Kolkata is collaborating with institutions including MAKAUT, Nadia; Dr. B.C. Ray Engineering College, Durgapur; NIT Patna, College of Engineering & Management, Kolaghat; Siliguri Institute of Technology; Darbhanga College of Engineering, Darbhanga; Bhagalpur College of Engineering, Bhagalpur; and Cooch Behar Government Engineering College, to provide sector-specific training and support for engineering students. The initiative also promotes cultural and heritage preservation by enabling the production and marketing of heritage-inspired products using 3D printing and additive manufacturing technologies.

While delivering the welcome address, Dr. Ch A S Murty, Scientist ‘G’, CISO & Director, C-DAC Kolkata, said, “This initiative is a crucial step in bridging the gap between academia and industry, empowering the next generation of engineers with skills that will shape the future of technology. I’d like to extend a special thanks to Mrs. Tulika Pandey from the Ministry of Electronics and Information Technology, Government of India, for her unwavering support in making this initiative possible. We aim to train 16,000 engineering graduates from West Bengal and Bihar over the next five years, with an additional 4,000 students through boot camps. State-of-the-art laboratories will be established at partner institutions to support training, innovation and entrepreneurship. These labs will serve as hubs for students, startups, SMEs and industries to develop product prototypes and gain hands-on experience. The program will also include modules on entrepreneurship, job creation and workshops with industry stakeholders. We will work closely with corporate entities to ensure job placement opportunities for students. Moreover, we will create multimedia-based educational content to support the program across all eight labs, ensuring seamless training delivery and monitoring. India’s 3D printing market is projected to reach $2.76 billion by 2026, driven by industries like construction, automation and healthcare. This program prepares students to meet the emerging demands of these sectors.”

Alluding to Additive Manufacturing in India’s Industrial and Educational Framework, Smt. Tulika Pandey, Scientist ‘G’ and Group Coordinator, HRD, Ministry of Electronics and Information Technology, Government of India, said, “As the world transitions to Industry 4.0, we must ensure that India builds a skilled workforce proficient in 3D printing and additive manufacturing technologies. To make this accessible and cost-effective, the government has allocated ₹50 crores for initiatives focused on Eastern India, including Kolkata and Bihar. Our aim is to integrate 3D printing into academia, allowing students to experiment, innovate, and collaborate with industries to bridge the gap between research and product development. We urge industries to partner with academia to provide students exposure to real-world business challenges. This initiative will act as a finishing school, equipping students with skills that lead to immediate employability. Globally, the additive manufacturing market is set to grow exponentially, and India must move swiftly to lead this space. Beyond designs, we must study materials, explore cost-efficient innovations, and address challenges like providing affordable housing and tools for rural India. Industry collaboration is key to realizing the transformative potential of this technology. 3D printing has evolved from niche applications to disruptive capabilities across healthcare, agriculture, and industrial domains. As we face competition from home-grown innovations, this is the time for industries, academia and the government to work together to ensure India leads the additive manufacturing revolution.”

Prof. Tapas Chakraborty, Vice-Chancellor, MAKAUT, Government of West Bengal, said, “As the only Technical University in West Bengal, affiliating nearly 200 engineering, pharmacy and management colleges, MAKAUT plays a vital role in the region. However, we face challenges such as declining enrollment in core engineering fields like mechanical engineering and a lack of suitable industry internships for final-year students in this region, driving many students to seek opportunities elsewhere. This initiative offers a transformative solution, not just for West Bengal but for the entire Northeast and neighbouring regions. MAKAUT is committed to providing full support to ensure its success.”

Prof. P. M. Pandey, IHFC Chair and Professor at IIT Delhi, said, “Additive manufacturing has emerged as one of the most disruptive technologies in the current manufacturing landscape. In the context of the latest manufacturing advancements—Industry 4.0 and even Industry 5.0—this technology plays a pivotal role. Industry 4.0, centered around cyber-physical systems, envisions a digital manufacturing enterprise. In this framework, additive manufacturing, commonly known as 3D printing, is a ground-breaking tool. Its potential lies in its ability to produce highly customized components, especially for small batch sizes or unique, customer-specific and even patient-specific requirements. This transformative technology fits seamlessly into the Industry 4.0 ecosystem, where it integrates with digital design concepts, big data analytics, artificial intelligence, machine learning, collaborative robotics, industrial IoT and virtual and augmented reality. It is rightly regarded as one of the most important enablers of the next-generation manufacturing revolution. I must also highlight that this initiative, sponsored by MeitY and executed by CDAC Kolkata, comes at an opportune moment. Under the visionary leadership of our Hon’ble Prime Minister, Shri Narendra Modi Ji, the ‘Make in India’ mission and the New Education Policy have placed significant emphasis on skilling and innovation. This program aligns perfectly with these goals, empowering the youth with knowledge and expertise in the digital design and manufacturing domain. I firmly believe this initiative will not only help our industries but will also contribute to society by bridging the gap between modern technology and practical implementation.”

Shri Asit Kumar Singh, the Chief Investigator of this Project, C-DAC, Kolkata, further elaborated “During this program, the development of products will be carried out in consultation with industry stakeholders to ensure their practical applicability and market relevance. This collaborative approach aims to bridge the gap between academic knowledge and industry needs, fostering innovation and enabling the creation of solutions that address real-world challenges effectively.”

Khallal: A Journey Through Love, Loss, and Silence Stuns Delhi Audience

New Delhi— Checkmate Production took the stage by storm with the debut of its deeply evocative drama Khallal, directed by Nikki Narulaa, at Akshara Theatre, New Delhi. This soul-stirring production explored the delicate intricacies of a 15-year marriage, weaving a compelling narrative of passion, betrayal, separation, and the haunting silence that emerges in relationships once full of love and connection. With its seamless blend of Urdu, Shayari, and Ghazals, Khallal struck an emotional chord with audiences, making it a powerful experience for anyone who has loved, lost, or grappled with the complexities of letting go.

At the core of Khallal is the poignant story of Amir and Amayra, a couple navigating the painful dissolution of their long-standing bond. Through masterful storytelling, the production delves into the fragility of love, the weight of regret, and the silence that replaces intimacy when relationships unravel.

Performed in two shows at 4:00 PM and 6:30 PM, Khallal left an indelible impact on a packed audience of over 200 attendees. Tickets sold out quickly, with many unable to secure seats, highlighting the production’s immense popularity and appeal.

A Stellar Cast Brings Khallal to Life

The success of Khallal lay in its deeply immersive performances by a talented cast, whose chemistry and intensity transported the audience into the lives of its characters:

  • Amir, portrayed with remarkable depth by Tahsin Zahid, embodied a man torn between remorse and longing. Zahid’s powerful performance highlighted the vulnerability and complexity of a character grappling with the consequences of his actions.
  • Amayra, played by the graceful Nikki Narulaa, served as the emotional anchor of the story. Her portrayal of a resilient woman confronting heartbreak resonated profoundly with audiences, showcasing the strength required to endure silence and loss.
  • Ayaan, brought to life by Baskar Krishna, added intrigue and nuance to the narrative. As a subtle yet pivotal force in the unraveling of Amir and Amayra’s relationship, Ayaan enriched the story with complexity and depth.

The seamless chemistry between the actors heightened the emotional intensity of the production, making Khallal an unforgettable experience. Through their performances, the echoes of a love once vibrant but now lost took center stage, leaving the audience deeply moved.

A Remarkable Debut

As its inaugural production, Khallal established Checkmate Production as a significant new presence in the theater community. The drama was lauded for its impeccable direction, masterful performances, and an atmospheric interplay of sound and visuals that brought the story’s emotional essence to life.

Looking Ahead

With Khallal, Checkmate Production has set a high bar for future endeavors. This houseful debut production not only left a lasting impression on its audience but also demonstrated the company’s potential to deliver more thought-provoking and artistically rich performances.

For those who missed this remarkable show, the hope remains that Amir and Amayra’s story will return to the stage, giving more theater enthusiasts an opportunity to witness this exceptional production.

CARE Hospitals Hitech City Delivers Critical Care to Gunshot Victim of Bidar Robbery

Hyderabad, 28th January, 2025: Surgeons at CARE Hospitals, Hitech City, Hyderabad, have successfully treated Mr. Shiva Kumar, a victim of the recent robbery incident in Bidar, Karnataka. Following a complex and critical surgery, Mr. Shiva Kumar has made remarkable progress and is being discharged today. The incident involved two unidentified assailants who fired at Mr. Shiva Kumar and his colleague before fleeing with a trunk containing a significant amount of cash.

Mr. Shiva Kumar was rushed to CARE Hospitals following a gunshot wound sustained during the robbery. The entry wound was located in the left upper chest, with an exit wound in the left flank. Upon arrival, he was attended to by a multidisciplinary team of specialists who conducted a comprehensive evaluation, including a CT scan of his chest and abdomen.

The assessment revealed extensive internal injuries caused by the bullet, which had passed through the left lung, punctured the diaphragm and stomach, and caused injuries to the spleen and kidney. An emergency laparotomy was performed to stabilize his condition. The surgical team meticulously repaired the diaphragm and stomach while successfully salvaging both the spleen and kidney.

Dr. Mustafa Hussain Razvi, Consultant General Surgery CARE Hospitals Hitech City, who led the surgical team, said, “Mr. Shiva Kumar’s case was complex due to the extent of internal injuries caused by the gunshot. Our focus was on saving his vital organs while minimizing long-term complications. Over the course of his treatment in the Surgical Intensive Care Unit (SICU), Mr. Shiva Kumar demonstrated steady recovery and resilience. He now heads home in stable condition, surrounded by the unwavering support of his loved ones. It is truly gratifying to see him regain his strength and be ready for discharge.”

Bidar District In-charge Minister Eshwar Khandre, Corporator Madhapur Mr. Jagdeeshwar Goud, and Shilpa Sharma, IAS Deputy Commissioner, extended their support and visited Mr. Shiva Kumar during his treatment, reflecting the community’s concern and solidarity.

Speaking about the successful treatment, Mr.Nilesh Gupta Chief Operating Officer CARE Hospitals, Hitech city, said, “The journey to recovery in cases involving complex injuries requires precision, expertise, and a compassionate approach. We are delighted to see Mr. Shiva Kumar regain his strength, and this milestone serves as a testament to our team’s dedication and advanced medical capabilities.

The discharge of Mr. Shiva Kumar marks a triumph of medical excellence and resilience. CARE Hospitals remains committed to its mission of delivering cutting-edge healthcare and compassionate support to all its patients.

Taneira’s Brand Film Celebrates Craftsmanship with Usha Uthup & Mrunal Thakur

Chandigarh, 28th January, 2025: Taneira, a TATA product has unveiled its first-ever brand campaign, a strategic initiative designed to reinforce its core promises of Trust, Authenticity, Purity, Craftsmanship, Diverse Indian Weaves Under One Roof. The campaign features the legendary Usha Uthup, well-known for her deep love for sarees, alongside the graceful Mrunal Thakur. Together, they bring alive the brand’s dedication to preserving and promoting the textile heritage of the country while empowering consumers to make informed choices. The campaign highlights the timeless elegance of handwoven sarees and the stories they carry, reaffirming Taneira as the ultimate destination for those seeking sarees unequivocally rich in both tradition and trend.

The film unfolds within a vibrant Taneira store, where Mrunal Thakur is seen draping a stunning pure silk saree and seeking the ‘expert’ opinion of Usha Uthup. What follows is an interaction laced with playful exchanges that are a slice of everyday life and resonates with every ardent saree shopper. Their conversation adds a touch of charm while addressing common concerns that many consumers have, from choosing the right fabric to gauging the authenticity of a saree. Through a series of delightful moments, the film underscores the unique qualities of Taneira Sarees, such as pure silk credentials, proudly certified with the Silk Mark tag, to their intricately handwoven designs crafted by master artisans from across the country. It brings to life the enduring allure of these pieces while reassuring consumers that Taneira offers transparency, authenticity, and craftsmanship they can trust.

Sharing her thoughts on this campaign, singer Usha Uthup expressed, “For me, sarees are not just a part of my attire, they are a part of my personal identity. Taneira’s commitment to preserving the art of saree weaving while embracing contemporary design interpretations mirrors my own values of celebrating cultural legacy and individual expression. It is truly special to be involved with a brand that celebrates the timeless beauty of sarees, while making them accessible to women who value both style and meaning in their wardrobe.”

At the heart of the narrative lies the breathtaking ‘Mor design’ Banarasi saree, adorned with over a hundred intricately woven peacocks. This masterpiece spotlights Taneira’s ability to bring unique yet timeless designs to life through unmatched craftsmanship of India’s weaving traditions.

Uthup added, “This partnership feels like a natural extension of my long-standing love for sarees and my passion to support artisans whose craft deserves to be cherished and shared with the world”.

Speaking on the launch of the campaign, Mr. Ambuj Narayan, CEO, Taneira, said “At Taneira, our goal is to offer authenticity with transparency, all at a price that reflects value, while telling the stories of the hands that painstakingly bring each piece to life. We are dedicated to celebrating the seamless blend of heritage and modernity, and this campaign embodies that vision by bringing to life the rich legacy of Indian textiles at the heart of what Taneira represents. It has been an honor to collaborate with a legend like Usha Uthup and the very gracious Mrunal Thakur to tell this story and inspire a deeper connection with the artistry behind every Taneira saree”.

Speaking about the association, actress Mrunal Thakur said, “It has been my pleasure to be a part of this campaign with Taneira and a living legend, Usha Uthup Ma’am. Over the past year, my collaborations with Taneira have been truly enriching. Not only have I been privileged to experience their differentiated designs, but also the diverse crafts they embody. Every collaboration has deepened my appreciation for the sarees and stories they tell. This campaign perfectly captures that journey and feels incredibly meaningful as it aligns with my own fashion philosophy”.

Puneet Kapoor, Chief Creative Officer, Ogilvy South – “Taneira set out to showcase its value propositions to both new saree enthusiasts and seasoned connoisseurs. We asked ourselves some tough questions: Can a brand withstand the scrutiny of the most knowledgeable customers—those who might know as much, if not more, about sarees than we do? While Mrunal has long been the elegant face of Taneira, the real triumph was bringing on the iconic Usha Uthup, the undisputed goddess of sarees in India. This dynamic duo infused our story with charm, entertainment, and emotion, offering a compelling spin on the essence of our value propositions.”

Cervical Cancer Prevention Strategies: Screening and Vaccination Lead the Way

Cervical cancer is one of the most common cancers among women, but detecting it in its early stages can be challenging. This is one of the reasons why many women lose their lives to cervical cancer. The primary cause of cervical cancer is the lack of Pap smear and HPV screenings. Due to the lack of awareness among women, only 1% of them in India undergo regular screenings. Keeping these factors in mind, Fortis Greater Noida has initiated Cervical Cancer Awareness Month to educate women and provide more information about this disease.

Dr. Priya Bansal from the Clinical-Surgical Oncology Department at Fortis Greater Noida explains, “Often, women lack accurate information about this disease. Very few are aware that a safe and effective vaccine is available to prevent cervical cancer. Additionally, regular screenings are crucial for women aged 25 to 65 years.”

Several myths about cervical cancer are still prevalent in society. A common belief is that it only affects elderly women, whereas the truth is that it can occur as early as 35 years of age. Another myth is that it primarily affects women from lower socio-economic backgrounds. The reality is that this disease can impact women from all sections of society.

Experts at Fortis Greater Noida believe that taking preventive steps against cervical cancer is crucial. Vaccination for boys and girls aged 9 to 26 years is highly recommended. Moreover, women aged 25 to 65 years should undergo regular Pap smear tests. Using barrier contraceptives (such as condoms) and limiting the number of sexual partners can help prevent HPV infections. Quitting smoking, reducing alcohol consumption, and maintaining a nutritious diet are also vital preventive measures.

Dr. Bansal emphasizes that awareness and timely screenings can prevent cervical cancer. This is not just a health issue but a significant concern tied to the happiness and well-being of women and their families.

Fortis Greater Noida offers facilities for the prevention and treatment of cervical cancer. With expert care, timely screening, and vaccination are possible. Stay informed and take the necessary steps to protect yourself from cervical cancer.

ACC demonstrates remarkable performance in Q3 FY’25

Chandigarh, 27 January 2025: ACC Limited, the cement and building materials company of the diversified Adani Portfolio today announced a steady financial performance during the third quarter and nine months (9M) of FY’25 ended December 31, 2024. The performance comes on the back of volume growth, cost optimisation and improved efficiency parameters.

Mr. Ajay Kapur, Whole Time Director & CEO, ACC Ltd, said, “Our Q3 results demonstrate our strategic focus on driving growth through higher volumes, cost optimisation, and enhanced efficiencies. With strong demand for our premium cement products, and our commitment to excellence on all parameters in line with our ESG leadership, we are leveraging innovation and sustainability to maintain our competitive edge and maximise stakeholder value. We are well-poised to achieve sustained profitability and capitalise on our strategic vision set forth for our business.”

Operational Highlights

  • The engines of efficiency drive, cost initiative and investments to overhaul all plants has delivered phenomenal results on overall cost reduction and volume improvements.
  • All business KPIs like volumes, efficiencies, cost and capex have shown healthy improvements, reinforcing cost leadership journey.
  • Volume increased by 21% YoY supported by increase in trade volumes and higher premium product volumes (11% YoY), ensuring market leadership.
  • Optimised Fuel Basket, with use of low cost imported petcoke improved linkage and captive coal consumption and synergies with Group companies have resulted in 10% reduction in Kiln fuel cost Rs. 1.86 to Rs. 1.68 per ’000 Kcal.
  • Thermal value reduced from 739 kCal to 732 kCal, expect further improvement in coming quarters.
  • Logistics costs reduced by 9% @Rs 939/ton, driven by efficiency improvement journey (Secondary lead reducing by 3 Km, direct dispatch up by 7 pp @51%). Through various freight negotiation initiatives, road PTPK has decreased by 6% YOY. This is going to be further reduced with roll out of initiatives viz. wheeler rationalisations, BCFC rakes etc.
Particulars (YoY) Q3 FY’25 9M FY’25
Sales Volume

(Clinker & Cement)

Growth of 21% YoY, at 10.7 Mn T, highest ever volume in a quarter Growth of 15% YoY, at 30.3 Mn T, highest ever volume in nine months
Kiln Fuel

Cost

Reduced by 10%

(Rs. 1.86 to Rs. 1.68/’000 kCal)

Reduced by 15%

(Rs. 1.95 to Rs.1.67/’000 kCal)

Green Power as a % of power Consumption Increased by

5.7 pp to 18.7%

Increased by

2.2 pp to 15.6%

AFR consumption in Kiln Increased by

0.4 pp to 9.6%

Increased by

1.9 pp to 10.4%

Financial Highlights

  • Highest ever revenue in Q3 Series over last 5 years at Rs. 5,927 Cr, driven by higher trade sales volume (up by 11%) and premium product as % of trade sales at 32%.
  • Higher volume along with improved operational parameters resulted in growth in all business parameters.
  • Operating EBITDA at Rs. 1,116 Cr, EBITDA margin at 18.8%.
  • Cash & Cash equivalent at Rs. 2,526 Cr, with highest ever Net Worth at Rs. 17,816 Cr, up by Rs. 1,091 Cr during the current quarter
  • EPS (Diluted) at Rs. 58.0 during the quarter.

Financial Performance for the Quarter ended December 31, 2024:

Particulars UoM Q3 FY’25 Q3 FY’24
Sales Volume

(Cement and Clinker)

Million

Tonnes

10.7 8.9
Sales Volume
Ready Mix Concrete
Million M3 0.71 0.66
Revenue from Operations Rs. Cr 5,927 4,914
Operating EBITDA & Margin Rs. Cr 1,116 905
% 18.8 18.4
Rs. PMT 1,038 1,017
Other Income Rs. Cr 648 86
Profit before Tax Rs. Cr 1,477 729
Profit after Tax Rs. Cr 1,092 538
EPS (Diluted) Rs. / Share 58.0 28.6

Financial Performance for nine months ended December 31, 2024: 

Particulars UoM 9M FY’25 9M FY’24
Sales Volume

(Cement and Clinker)

Million

Tonnes

30.3 26.4
Sales Volume
Ready Mix Concrete
Million M3 2.00 2.07
Revenue from Operations Rs. Cr 15,696 14,550
Operating EBITDA & Margin Rs. Cr 2,231 2,225
% 14.2 15.3
Rs. PMT 737 841
Other Income Rs. Cr 879 373
Profit before Tax Rs Cr 2,245 1,874
Profit after Tax Rs. Cr 1,651 1,392
EPS (Diluted) Rs. / Share 87.7 73.9

ESG Updates

  • 200 MW Solar Power at Khavda started, will lead to reduction in power cost in upcoming quarters.
  • Committed to Net Zero by 2050, with ACC and Ambuja Cements being the only 2 cement companies in India undergoing Net Zero target validation from SBTi.
  • Became member of United Nations Global Compact (UNGC), a global initiative to implement universal sustainability principles.
  • Undertaken noteworthy initiatives on renewable power, water conservation, circular economy, TSR, tree plantation along with high share of blended cement in product mix.
  • Created societal value for over 1.22 lakhs people by contributing to fields like healthcare, education, employment, and sustainable livelihoods.
  • Range of innovative products, including ACC ECOMaxX, ACC AEROMaxX, and ACC Coolcrete, continues to expand, adding to the wide array of eco-friendly options.

Branding and Technical Services

  • Partnered with the Gujarat Giants in Pro Kabaddi League Season 11, one of India’s premier sports leagues.
  • ACC Certified Technology implemented at 37,214 customer sites, making their homes stronger.
  • Trained 10,300+ Contractors under various skill upgradation workshops with 3,300+ plant visits, aimed at deeper understanding of our products.
  • Launched thematic Ad films for Durga Puja and Diwali reflecting the festive fervour of our customers and partners.
  • Various knowledge sharing technical events conducted for 6,300+ construction professionals.

Digitalisation

  • Launched ‘RewardsConnect’, a rewards hub loyalty portal, enabling pan-India online reward point redemption for contractors.
  • Deployed OT Security Monitoring solution for real-time monitoring of OT systems strengthening cybersecurity.
  • Completed Asia’s largest legacy SAP upgrade to Suite on HANA.
  • Implemented Electronic Proof of Delivery system, improving invoicing efficiency and reducing processing/documentation cost.

Outlook

The cement sector experienced modest growth of 1.5-2% during H1 FY’25. Looking ahead, cement demand is expected to rebound in Q4 FY’25 as construction activity accelerates in the infrastructure and housing segments. The pro-infra and housing Budget 2025, along with increased government spending on infrastructure and construction activities, is anticipated to further support this growth. Cement demand is projected to grow in the range of 4-5% for FY’25.

Achievements

  • Gold at the Arogya World Healthy Workplace Awards 2024.
  • IconSWM-CE Excellence Award 2024 for excellence in co-processing and AFR.