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August 30, 2015 6:48 AM 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


Founded in 1981

1,819 Employees


91 40 2781 3833


91 40 2789 1833

Key Executives for Visaka Industries Limited

Managing Director, Executive Director, Member of Audit Committee, Member of CSR Committee and Member of Stakeholders' Relationship Committee
Age: 50
Total Annual Compensation: $4.4M
Chief Financial Officer, Whole-Time Director and Member of Risk Management Committee
Age: 58
Total Annual Compensation: $4.6M
Chief Business Strategist, Whole-Time Director and Member of Risk Management Committee
Total Annual Compensation: $2.3M
Assistant Vice President of Corporate Affairs, Compliance Officer and Company Secretary
Total Annual Compensation: $1.6M
Compensation as of Fiscal Year 2015.

Visaka Industries Limited Key Developments

Visaka Industries Limited Announces Audited Standalone Earnings Results for the First Quarter Ended June 30, 2015

Visaka Industries Limited announced audited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company's net sales/income from operations was INR 3,178.1 million compared with INR 3,104.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 264.1 million compared with INR 205.6 million a year ago. Profit from ordinary activities before tax was INR 222.1 million compared with INR 164.9 million a year ago. Net profit was INR 136.2 million or INR 8.57 per basic and diluted share compared with INR 112.0 million or INR 7.05 per basic and diluted share a year ago.

Visaka Industries Limited to Report Q1, 2016 Results on Jul 25, 2015

Visaka Industries Limited announced that they will report Q1, 2016 results on Jul 25, 2015

Visaka Industries Limited, Board Meeting, Jul 25, 2015

Visaka Industries Limited, Board Meeting, Jul 25, 2015. Agenda: To consider and approve the audited financial results of the company for the first quarter ended June 30, 2015.

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